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Virinchi Ltd. ( (IN:VIRINCHI) ) just unveiled an update.
Virinchi Ltd. has announced the allotment of 34,00,000 convertible equity warrants to various public investors at an issue price of Rs. 25 per warrant. This decision follows a special resolution passed by the company’s shareholders and approvals from BSE and NSE. The warrants, issued on a preferential basis, are convertible into equity shares upon payment of the remaining 75% of the issue price. This move does not currently alter the company’s paid-up share capital.
More about Virinchi Ltd.
Average Trading Volume: 68,807
Technical Sentiment Signal: Hold
Current Market Cap: 2.86B INR
For an in-depth examination of VIRINCHI stock, go to TipRanks’ Overview page.