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Velox Shipping and Logistics Limited, formerly Velox Industries Limited, has allotted 76,58,508 equity shares with a face value of Rs 10 each to warrant holders, following the receipt of Rs 6,89,26,572 as part payment of the consideration for the warrants. The allotment, made on August 17, 2026, is in continuation of the preferential basis allotment of convertible warrants to non-promoters on May 16, 2026, and represents the conversion of warrants held by individuals including Meghraj Deobansi, Surendra Choudhary, and Peter Almeida.

Velox Shipping and Logistics will hold a meeting of the Board of Directors of the Company on 14 August 2026.

Velox Shipping and Logistics will hold a meeting of the Board of Directors of the Company on 18 June 2026.

Net loss of Velox Shipping and Logistics reported to Rs 1.63 crore in the quarter ended March 2026 as against net profit of Rs 0.30 crore during the previous quarter ended March 2025. Sales rose 6880.00% to Rs 17.45 crore in the quarter ended March 2026 as against Rs 0.25 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 0.71 crore in the year ended March 2026 as against net profit of Rs 0.44 crore during the previous year ended March 2025. Sales rose 8260.00% to Rs 20.90 crore in the year ended March 2026 as against Rs 0.25 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales17.450.25 6880 20.900.25 8260 OPM %-11.1796.00 --7.9940.00 - PBDT-1.560.36 PL -0.390.55 PL PBT-1.790.36 PL -0.630.55 PL NP-1.630.30 PL -0.710.44 PL Powered by Capital Market - Live News

Velox Shipping and Logistics will hold a meeting of the Board of Directors of the Company on 29 May 2026.