Velox Shipping and Logistics Ltd - 506178 - Board Meeting Intimation for Allotment Of Equity Shares On Preferential Basis To The Non-Promoter Category Allottees As Approved By The Shareholders And The Stock Exchange.
Velox Shipping board to meet on June 18, 2026, to approve the allotment of 17,78,180 equity shares. These shares are part of a preferential issue to non-promoter category allottees.
Jun 15 2026 15:06:26
Velox Shipping and Logistics Ltd - 506178 - Statement On Deviation Or Variation In Utilization Of Funds Raised Through Preferential Allotment
Velox Shipping reported a deviation in the utilization of funds raised through preferential allotment. Out of Rs. 76.25 crore raised, only Rs. 44.33 lakhs were deployed for an acquisition or investment in a foreign entity. This significant deviation and low utilization for a micro-cap company raise concerns about fund deployment strategy.
May 30 2026 15:57:04
Velox Shipping and Logistics Ltd - 506178 - Board Meeting Outcome for Outcome Of Board Meeting Held On 29Th May, 2026
Velox Shipping's board approved Q4 FY26 results, reporting a standalone loss of ₹28.29 lakhs and a consolidated loss of ₹165.83 lakhs. The company also progressed on three significant acquisitions and allotted 2.83 crore convertible warrants at ₹12 each to non-promoter investors.
May 29 2026 22:48:40
Velox Shipping and Logistics Ltd - 506178 - Announcement under Regulation 30 (LODR)-Allotment
Velox Shipping and Logistics has allotted 2.83 crore convertible warrants at an issue price of Rs.12 each to non-promoter investors. The company received Rs.8.5 crore as subscription price, with each warrant convertible into one equity share.
May 16 2026 13:42:54
Velox Shipping and Logistics Ltd - 506178 - Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday, 16Th May, 2026
Velox Shipping and Logistics completed the allotment of 2.83 crore convertible warrants at an issue price of ₹12 each, raising ₹8.5 crore from 35 non-promoter investors. Each warrant is convertible into one equity share upon payment of the remaining ₹9 per warrant.
May 16 2026 13:40:19
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