Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, Virinchi has informed that the Share Allotment Committee of the Board at its meeting held today allotted 3,50,000 equity shares of Rs 10 each at an issue price of Rs 40 (premium of Rs 30 each) on conversion of warrants issued on preferential basis to the promoter group on receipt of the balance application money of Rs 1,05,00,000 (being the 75% of the issue price). Post the aforesaid allotment, the paid-up capital of the Company has increased to Rs 37,34,35,670. A copy of this letter is being hosted on the Company’s website at www.virinchi.com.
The above information is a part of company’s filings submitted to BSE.
