Vaishali Pharma Completes Preferential Allotment of Shares to Kesar Pharma Limited
Vaishali Pharma Limited announced the successful completion of a preferential allotment of equity shares, allotting 45,37,865 fully paid-up shares to Kesar Pharma Limited (KPL). The transaction, which took place on July 03, 2026, involved the issuance of shares for consideration other than cash.The Board of Directors of Vaishali Pharma approved the allotment through a resolution passed by circulation. The details of the equity share allotment are as follows:
| Particulars | Details |
|---|---|
| Allotment Date | July 03, 2026 |
| Total Shares Allotted | 45,37,865 |
| Face Value per Share | Rs. 2/- each |
| Issue Price per Share | Rs. 20/- each |
| Premium per Share | Rs. 18/- |
| Total Consideration | Rs. 9,07,57,300/- |
The shares were allotted to Kesar Pharma Limited on a preferential basis as part of a swap involving the acquisition of 26.95% shareholding in KPL by Vaishali Pharma.
Capital Restructuring and Shareholding Details
Following the allotment, the paid-up equity share capital of the company underwent changes. The pre-allotment capital was Rs. 26,09,24,260/- representing 13,04,62,130 equity shares of Rs. 2/- each.Post-allotment, the paid-up equity share capital increased to Rs. 26,99,99,990/, comprising a total of 13,49,99,995 equity shares of Rs. 2/- each.
The allotment involved one investor. Post allotment, Kesar Pharma Limited holds 45,37,865 shares, which equates to 3.36% of the post preferential shareholding.
A summary of the transaction details is provided below:
| Aspect | Details |
|---|---|
| Investor Name | Kesar Pharma Limited (KPL) |
| Shares Allotted | 45,37,865 |
| Pre-Preferential Holding by KPL | Nil |
| Post-Preferential Holding by KPL | 45,37,865 (3.36%) |
| Issue Price | Rs. 20/- each (Face Value Rs. 2/-, Premium Rs. 18/-) |
Vaishali Pharma Limited also stated that it will file an application with stock exchanges for listing and trading approval for the newly allotted shares in due course.
VAISHALI Stock Price Movement
Today, shares of Vaishali Pharma Limited edged higher to close at ₹7.31 after trading finished, gaining 0.68%. The stock saw a total traded volume of 49,621 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.