Virinchi LimitedVIRINCHINSE
Allotment of 150000 securities pursuant to Preferential Issue at its meeting held on Jun 05, 2026
As filed · Virinchi Limited has informed the Exchange regarding allotment of 150000 securities pursuant to Preferential Issue at its meeting held on Jun 05, 2026
CapitalWatchNotablemateriality 74 out of 100
What happened
FactVirinchi has allotted 1,50,000 equity shares at an issue price of Rs. 25 each, following the conversion of warrants issued on a preferential basis to shareholder Kruti Bodgal. The total application money received for this allotment was Rs. 28,12,500. As a result, the company's issued and subscribed share capital has increased to Rs. 1,12,70,73,720, comprising 11,27,07,372 equity shares.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
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Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
Evidence
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%