Virinchi Limited (VIRINCHI) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
Allotment of 150,000 equity shares on conversion of preferential warrants
🔄 What Changed
Issued and subscribed share capital increased to Rs.1,12,70,73,720
💡 Investor Takeaway
Shareholders receive new equity shares, increasing total share count and capital.

Virinchi Limited announced the allotment of 150,000 equity shares of Rs.10 each at Rs.25 per share, converting warrants issued on a preferential basis to Kruti Bodgal Public. The allotment required an application money of Rs.28,12,500, representing 75% of the issue price. Consequently, the issued and subscribed share capital increased to Rs.1,12,70,73,720, divided into 11,27,07,372 equity shares of Rs.10 each.

📄 View Original Announcement (PDF)

About Virinchi Limited (VIRINCHI)

Information Technology · IT - Software · Listed on NSE

Market Cap: ₹205.93 Cr P/E: 26.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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