Virinchi Limited has successfully completed the allotment of 8,50,000 equity shares through the conversion of warrants issued on preferential basis. The company informed stock exchanges about this development on April 10, 2026, as part of its disclosure obligations under SEBI regulations.

Share Allotment Details

The equity shares were allotted at an issue price of Rs.28 per share, comprising a face value of Rs.10 and a premium of Rs.18 per share. The conversion was executed following the receipt of application money totaling Rs.1,78,50,000, which represents 75% of the total issue price.

Allottee Information

The entire allotment was made to a single entity from the promoter group. Vivo Bio Tech Limited, categorized as a promoter group entity, received all 8,50,000 equity shares under this warrant conversion process.

Impact on Share Capital

Following this allotment, Virinchi Limited's capital structure has been enhanced significantly. The company's issued and subscribed share capital has increased to Rs.1,09,64,68,960, now divided into 10,96,46,896 equity shares of Rs.10 each.

Regulatory Compliance

The allotment was disclosed to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The company trades under scrip code 532372 on BSE and symbol VIRINCHI on NSE.

Virinchi Limited has submitted its quarterly compliance certificate to BSE Limited and National Stock Exchange of India Limited, confirming adherence to dematerialization regulations for the period from January 01, 2026 to March 31, 2026. The certificate was filed on April 07, 2026, in compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company filed the mandatory certificate with both stock exchanges where its shares are listed. The submission includes confirmation from the company's Registrar and Transfer Agent (RTA), Aarthi Consultants Private Limited, regarding compliance with dematerialization requirements during the specified quarter.

RTA Confirmation

Aarthi Consultants Private Limited, serving as the company's Category I Registrar and Share Transfer Agent (SEBI Registration No. INR000000379), issued the compliance certificate dated April 03, 2026. The RTA confirmed completion of all required actions within the stipulated 15-day timeframe upon receipt of security certificates from depository participants for dematerialization purposes.

Compliance Actions Confirmed

The RTA certificate confirms three key compliance actions were completed during the quarter:

Corporate Governance

The filing was signed by K. Ravindranath Tagore, Company Secretary (Membership No. A18894), demonstrating the company's commitment to maintaining proper corporate governance standards. The digital signature was applied on April 07, 2026, ensuring the authenticity of the regulatory submission.

This quarterly compliance certificate represents part of Virinchi Limited's ongoing regulatory obligations to maintain transparency in share transfer and dematerialization processes, ensuring investor protection and market integrity.