Virinchi Limited plans to raise up to Rs 30 crore through a preferential allotment of 2,00,00,000 (two crore) fully convertible equity warrants to promoter and non-promoter entities at an issue price of Rs 15 per warrant, with each warrant entitling the holder to subscribe to one equity share with a face value of Rs 10. The company’s board approved the move, which is subject to shareholder approval at an upcoming Extraordinary General Meeting and other regulatory clearances; the warrants have a tenure of 18 months and will be convertible into equity shares. The board also approved the standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, and scheduled an EGM for December 10, 2026, to obtain shareholder approval for the fund raising and other matters.