Vivo Bio Tech Limited has announced the expiry of 483 Convertible Equity Warrants that were allotted on February 20, 2025. These warrants, part of a larger issuance of 26,00,000 warrants, expired on August 20, 2026, due to non-exercise before their eighteen-month tenure. The company is informing stakeholders as per regulatory requirements.
Convertible Equity Warrants Expire
Vivo Bio Tech Limited has officially disclosed the expiry of a portion of its previously issued Convertible Equity Warrants. Specifically, 483 (Four Hundred and Eighty Three) Convertible Equity Warrants have expired unexercised.
Warrant Allotment Details
These warrants were part of a larger allotment of 26,00,000 Convertible Equity Warrants. They were initially issued at a price of Rs. 45/- (comprising a Face Value of Rs. 10/- and a Premium of Rs. 35/-) on a preferential basis. The allotment date for these warrants was February 20, 2025, to Antique Infotech Private Limited.
Expiry and Rationale
The warrants expired on August 20, 2026, marking the conclusion of their eighteen-month tenure from the date of allotment. The expiry is attributed to the non-exercise of these warrants by the allottee before the completion of their term, in accordance with the terms of their issuance.
This announcement is made for the information and records of all stakeholders.
Source: BSE
