Transaction Details
The company allotted 20,00,000 equity shares of ₹10 each at an issue price of ₹25 per share (premium of ₹15 per share) on conversion of warrants issued on a preferential basis. The allotment was made on June 03, 2026 after receipt of application money of ₹3,75,00,000, representing 75% of the total issue price.
Shareholder Allotment Breakdown
The shares were allotted to the following nine public shareholders:
- G V Priya Rajender: 2,00,000 shares
- Revathi Kathavarayan: 1,50,000 shares
- D. Manohar: 1,50,000 shares
- Dwight Technologies Private Limited: 5,00,000 shares
- M. Vijaya Lakshmi: 1,50,000 shares
- MSLS Prasad: 1,50,000 shares
- Thuniki Radha Krishna: 2,00,000 shares
- M. Sita Ramam: 2,50,000 shares
- M. Venkata Ramana Rao: 2,50,000 shares
Capital Structure Impact
Following this allotment, the issued and subscribed share capital of the company increased to ₹1,12,55,73,720 divided into 11,25,57,372 equity shares of ₹10 each.
Company Representation
The disclosure was signed by K. Ravindranath Tagore, Company Secretary (Membership No. A18894), on behalf of Virinchi Limited on June 03, 2026 at 18:08:41 IST.