Virinchi Limited has taken a significant step to strengthen its capital structure by allotting 34,00,000 convertible equity warrants to 12 public investors at Rs 25.00 per warrant. This move, approved by the company's Stakeholders Relationship Committee, follows shareholder approval at an Extra-Ordinary General Meeting and clearances from both the BSE and NSE.

Warrant Details and Subscription

The warrants, with a face value of Rs 10.00 and a premium of Rs 15.00, were issued on a preferential basis. Investors have paid 25% of the issue price upfront, amounting to Rs 6.25 per warrant. This initial subscription has brought in Rs 2.12 crore to the company's coffers.

Conversion Terms

These warrants are convertible into an equal number of equity shares within an 18-month period, subject to the payment of the remaining 75% (Rs 18.75 per warrant) by the investors. If not exercised within this timeframe, the warrants will lapse, and the initial amount paid will be forfeited.

Investor Allocation

The allocation of warrants among the 12 public investors is as follows:

Impact on Shareholding Structure

Upon full conversion of these warrants, the company's shareholding structure is expected to shift slightly:

• Public shareholding would increase from 62.49% to 63.69%
• Promoter shareholding would decrease from 37.51% to 36.31%

This allotment is part of a larger approved issuance of 96,00,000 convertible equity warrants, indicating potential for further capital raising in the future.

The move by Virinchi Limited to issue these convertible equity warrants demonstrates the company's efforts to broaden its investor base and potentially strengthen its financial position. As the 18-month conversion period unfolds, market observers will be keen to see how many of these warrants are converted into equity shares, potentially providing additional capital for the company's growth initiatives.

Virinchi Limited , a company listed on both BSE and NSE, has reported a significant change in its promoter's shareholding structure following the partial release of pledged shares. The company disclosed this information in compliance with SEBI regulations for substantial acquisition of shares and takeovers.

Key Details of the Transaction

• Release of Pledged Shares: Badjate Stock Broking Pvt Ltd released 800,000 pledged equity shares on July 31, 2025.
• Transaction Type: The release was executed off-market through the depository.
• Promoter Involved: Mr. Viswanath Kompella, a promoter of Virinchi Limited.

Impact on Shareholding Structure

The partial release of pledged shares has resulted in a notable change in Mr. Kompella's shareholding:

Company Capital Structure

• Total Equity Share Capital: 10,26,46,896 shares
• Value of Share Capital: Rs. 102,64,68,960
• Face Value per Share: Rs. 10

Additional Information

• The company's total diluted share capital, including outstanding ESOPs, stands at 10,86,01,536 equity shares.
• The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

This transaction demonstrates a shift in the promoter's shareholding composition, increasing direct ownership while reducing encumbered shares. However, the overall promoter stake remains unchanged at 15.93% of the company's total share capital.