Virinchi has informed that the Company has today allotted 20,00,000 Equity Shares of Rs 10 each at the issue price of Rs. 42 (premium of Rs. 32 on each equity share) on conversion of warrants issued on preferential basis to the promoter(s) on receipt of the application money of Rs 6,30,00,000 (being the 75% of the issue price).
The above information is a part of company’s filings submitted to BSE.