Vaxfab Enterprises Allots 8.27 Lakh Shares Through Warrant Conversion

The company allotted 826,761 equity shares to nine investors upon preferential warrant conversion at Rs. 21.02 per share, receiving Rs. 15.765 per warrant on conversion. Paid-up capital rose to Rs. 25.83 crore, increasing dilution. Context: extends the company’s dilution-heavy preferential financing cycle.