Virinchi
19.37
-0.98(-4.82%)
Market Cap₹198.83 Cr
PE Ratio-14.78
Company Performance:
1D-4.82%
1M-14.03%
6M-34.96%
1Y-37.23%
5Y-46.57%
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More news about Virinchi
15Oct 25
Virinchi Ltd Completes First Tranche of Rs 56 Crore Fundraising with Warrant Allotment
Virinchi Limited has successfully executed the first phase of its Rs 56 crore fundraising by allotting 40 lakh convertible equity warrants to IT Peer Technologies LLC at Rs 28 per warrant, raising Rs 2.80 crore. The allotment, approved on January 07, 2026, following regulatory clearances from BSE and NSE, represents part of the broader 2 crore warrant issuance plan approved by shareholders in November 2025.
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18Aug 25
Virinchi Limited to Discuss SaaS Business Restructuring and Expansion Plans in Upcoming Board Meeting
Virinchi Limited has scheduled a board meeting for August 22, 2025, to discuss strategic business restructuring. Key agenda items include restructuring the SaaS business into a wholly-owned subsidiary through a slump sale and exploring partial divestment options. The company aims to reduce debt, expand its healthcare vertical, and achieve focused growth. These moves could potentially impact the company's future direction and shareholder value.
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14Aug 25
Virinchi Limited Explores Strategic Options for High-EBITDA Fin-Tech SaaS Vertical 'QFund'
Virinchi Limited's board approved Q1 FY26 financial results and is evaluating strategic options for its 'QFund' Fin-Tech SaaS vertical. The company is considering restructuring 'QFund' into a subsidiary or partial divestment. Potential proceeds could be used for debt reduction and healthcare expansion. A follow-up board meeting is scheduled for August 22, 2025. Separately, promoter Viswanath Kompella released 25,00,000 pledged shares.
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14Aug 25
Virinchi Limited: Promoter's Pledged Shares Partially Released, Voting Rights Increase
Virinchi Limited's promoter, Viswanath Kompella, saw a partial release of 25,00,000 pledged equity shares by Badjate Stock Broking Pvt Ltd on August 13, 2025. This off-market transaction resulted in an increase in Kompella's shares with voting rights from 5.73% to 8.16%, while encumbered shares decreased from 10.20% to 7.77%. The total promoter holding remains unchanged at 15.93%. The company's equity share capital stands at 10,26,46,896 shares, with a total voting capital of Rs. 102,64,68,960.
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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.
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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.
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Virinchi
19.37
-0.98
(-4.82%)
1 Year Returns:-37.23%
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