01-Oct-2026      17:59

Vaxfab Enterprises plans to raise Rs 45 crore through a rights issue to shareholders

Vaxfab Enterprises Limited plans to raise up to Rs 45,00,00,000 through a rights issue of equity shares with a face value of Rs 10 each, offering the securities to eligible shareholders on a yet-to-be-determined price and entitlement ratio. The board approved the rights issue, along with a draft letter of offer and the formation of a Rights Issue Committee consisting of Mr. Ravindra Ashokbhai Joshi (Chairman), Mr. Jinang Dineshkumar Shah (Member), and Ms. Juhi Sawajani (Member), authorizing them to appoint intermediaries and handle related matters. The board meeting commenced at 4:00 PM and concluded at 4:30 PM on October 1, 2026.

News source: Capital Market - Live News