Virinchi Allots 150,000 Equity Shares via Warrant Conversion

Allotment Details

The Company, Virinchi Limited, allotted 1,50,000 equity shares on June 05, 2026. The shares have a face value of ₹10 each and were issued at a price of ₹25 per share (including a premium of ₹15 per share). This allotment was made upon the conversion of warrants that were originally issued on a preferential basis.

Recipient Information

The allotment was made to a single shareholder:

• Name: Kruti Bodgal
• Category: Public
• Number of Equity Shares Allotted: 1,50,000

Financial Consideration

The Company received an application money of ₹28,12,500, which represents 75% of the total issue price for the warrants.

Impact on Capital Structure

Following this allotment, the issued and subscribed share capital of the Company has increased to ₹1,12,70,73,720. This capital is divided into 11,27,07,372 equity shares of ₹10 each.

#Tags: #VirinchiLimited #Regulation30 #SEBIDisclosure #WarrantConversion #CapitalIncrease #Neutral