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Venmax Drugs receives Rs 32.2 million as warrant holders convert equity shares
29-Jul-2026, 08:11
Venmax Drugs and Pharmaceuticals Limited announced the allotment of 21,47,665 equity shares at a price of Rs 20 each to warrant holders, following the exercise of convertible warrants. The company received Rs 3,22,14,975 from the allotment, increasing its paid-up capital to Rs 13,73,05,950 comprising 1,37,30,595 equity shares. Eight warrant holders, including Dinesh Dayaram Dhanak & Deepti Dinesh Dhanak, Nitesh Niranjan Jha, Umesh Bikhchand Bijlani, Dinakara Sateesha, Deepak Pandurang Bhojane, Trupti Uday Khanapurkar, Jigna Pravinkumar Raval, and Dinesh Muddu Kotian, participated in the conversion.
Venmax Drugs and Pharmaceuticals Limited announced the allotment of 21,47,665 equity shares at a price of Rs 20 each to warrant holders, following the exercise of convertible warrants. The company received Rs 3,22,14,975 from the allotment, increasing its paid-up capital to Rs 13,73,05,950 comprising 1,37,30,595 equity shares. Eight warrant holders, including Dinesh Dayaram Dhanak & Deepti Dinesh Dhanak, Nitesh Niranjan Jha, Umesh Bikhchand Bijlani, Dinakara Sateesha, Deepak Pandurang Bhojane, Trupti Uday Khanapurkar, Jigna Pravinkumar Raval, and Dinesh Muddu Kotian, participated in the conversion.