Corporate Action5 Jun 2026, 05:11 pm
Virinchi Ltd Allots 1.5 Lakh Shares on Warrant Conversion
AI Summary
Virinchi Ltd has announced the allotment of 1,50,000 equity shares following the conversion of warrants issued on a preferential basis. The shares were issued at a premium of Rs. 15 each, with an issue price of Rs. 25 per share. The company received Rs. 28,12,500, representing 75% of the issue price, as application money. This allotment increases the company's issued and subscribed share capital to Rs. 1,12,70,73,720.
Key Highlights
- 1,50,000 equity shares allotted on warrant conversion.
- Issue price of Rs. 25 per share, including Rs. 15 premium.
- Received Rs. 28.12 Lakhs in application money.
- Share capital increased to Rs. 112.71 Crores.
- One shareholder, Kruti Bodgal, received the shares.
Price Impact
More from VIRINCHI