Virinchi Limited to Discuss SaaS Business Restructuring and Expansion Plans in Upcoming Board Meeting Aug 18, 2025
Virinchi Limited Explores Strategic Options for High-EBITDA Fin-Tech SaaS Vertical 'QFund' Aug 14, 2025
Virinchi Limited: Promoter's Pledged Shares Partially Released, Voting Rights Increase Aug 14, 2025
More news about Virinchi
05Aug 25
Virinchi Limited Allots 34 Lakh Convertible Equity Warrants to Public Investors at Rs 25 Per Warrant
Virinchi Limited has allotted 34,00,000 convertible equity warrants to 12 public investors at Rs 25.00 per warrant. The warrants, with a face value of Rs 10.00 and a premium of Rs 15.00, are convertible into an equal number of equity shares within 18 months. Investors have paid 25% upfront, bringing in Rs 2.12 crore. Full conversion would increase public shareholding to 63.69% and decrease promoter shareholding to 36.31%. This is part of a larger approved issuance of 96,00,000 warrants.
04Aug 25
Virinchi Limited: Promoter's Pledged Shares Partially Released, Voting Rights Increase
Virinchi Limited's promoter, Mr. Viswanath Kompella, released 800,000 pledged equity shares on July 31, 2025, through an off-market transaction. This action increased his direct shareholding from 4.95% to 5.73%, while reducing encumbered shares from 10.98% to 10.20%. The total promoter stake remains unchanged at 15.93% of the company's 10,26,46,896 total equity shares.