Novelix Pharmaceuticals Completes Preferential Share Allotment Under SEBI Regulations
Novelix Pharmaceuticals has completed a preferential share allotment of 3,30,000 equity shares to non-promoter investor Mallela Venkataramna Reddy, with formal regulatory disclosures submitted to BSE Limited. The transaction increased Reddy's shareholding from 8.52% to 9.18% and expanded the company's share capital from ₹176,150,000 to ₹199,350,000, demonstrating regulatory compliance and investor confidence.

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Novelix Pharmaceuticals Limited has successfully completed a preferential share allotment to investor Mallela Venkataramna Reddy, with formal regulatory disclosures submitted to BSE Limited on February 17, 2026. The transaction involved the allotment of 3,30,000 equity shares representing 1.66% of the company's share capital, completed on February 12, 2026.
Regulatory Compliance and Documentation
The company has submitted comprehensive disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal intimation was filed by Whole-time Director Venkateshwarlu Pulluru to BSE Limited, where Novelix Pharmaceuticals shares are listed under scrip code 536565.
| Parameter | Details |
|---|---|
| Allottee | Mallela Venkataramna Reddy |
| Category | Non-Promoter |
| Shares Allotted | 3,30,000 |
| Percentage of Total Capital | 1.66% |
| Allotment Date | February 12, 2026 |
| Disclosure Date | February 17, 2026 |
Shareholding Structure Changes
The preferential allotment has significantly altered the investor's stake in the company. The detailed shareholding pattern shows substantial increase in Reddy's ownership:
| Holding Period | Number of Shares | Percentage of Share Capital | Percentage of Diluted Capital |
|---|---|---|---|
| Before Acquisition | 15,00,000 | 8.52% | 6.01% |
| Shares Acquired | 3,30,000 | 1.66% | 1.21% |
| After Acquisition | 18,30,000 | 9.18% | 6.71% |
Company Capital Structure Enhancement
The preferential allotment has resulted in an expansion of Novelix Pharmaceuticals' equity share capital structure:
| Capital Structure | Amount | Details |
|---|---|---|
| Pre-allotment Capital | ₹176,150,000 | 1,76,15,000 equity shares of ₹10 each |
| Post-allotment Capital | ₹199,350,000 | 19,935,000 equity shares of ₹10 each |
| Total Diluted Capital | ₹266,850,000 | Including 73,35,000 outstanding convertible warrants |
Corporate Governance and Transparency
The transaction demonstrates adherence to regulatory requirements with proper documentation submitted to both BSE Limited and the company's board of directors. Novelix Pharmaceuticals, formerly known as Trimurthi Limited, maintains its registered office in Hyderabad, Telangana, and operates under CIN L67120TG1994PLC018956.
This preferential allotment represents investor confidence in Novelix Pharmaceuticals' business prospects and provides the company with additional capital for operational and growth requirements while maintaining full regulatory compliance.
Historical Stock Returns for Trimurthi
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.98% | +2.33% | +18.69% | +62.30% | +154.24% | +1,122.96% |

































