18-Jun-2026 15:25:29

VELOXGeneral news

VELOX SHIPPING AND LOGISTICS LIMITED : ALLOTS 17,78,180 EQUITY SHARES POST CONVERTIBLE WARRANT EXERCISE

• Company allotted 17,78,180 equity shares of face value ₹10 each to 8 warrant holders • The allotment follows the exercise of rights by warrant holders for conversion of these warrants • Consideration received aggregating to ₹1,60,03,876 for the conversion • Shares allotted rank pari passu with existing equity shares, subject to lock-in period as per SEBI regulations • Allotment follows EGM approval on Jan 08, 2026, and preferential issue on May 16, 2026 • Meeting held on June 18, 2026, decided on the allotment of equity shares Impact: Neutral (Standard corporate disclosure on share allotment post warrant conversion)

Velox Shipping and Logistics Ltd

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