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Velox Shipping and Logistics informs about outcome of board meeting

18 Jun 2026 Evaluate
Velox Shipping and Logistics has informed that Board of Directors of the Company had pursuant to the approval of Shareholders in their Extra-Ordinary General Meeting held on January 08, 2026 read with second corrigendum and addendum in continuation to the notice and explanatory statement dated December 17, 2025, and first corrigendum dated January 01, 2026, had allotted convertible warrants on preferential basis to Non-Promoters on May 16, 2026. The Warrant Holders have paid the part of the balance of the consideration aggregating to Rs 1,60,03,876 and have applied for exercising their rights for conversion of 17,78,180 warrants into equivalent number of Equity Shares. Consequently, the Board of Directors in its meeting held on June 18, 2026 has allotted 17,78,180 Equity Shares of face value Rs 10 each to the warrant holder as per details enclosed.

The above information is a part of company’s filings submitted to BSE.

Velox Shipping & Log Share Price

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