Virinchi Ltd has informed that a meeting of the Board of Directors of the Company is scheduled to be held on Friday February 04, 2022, to consider the proposal of issue of bonus shares and also to consider the increase of authorised share capital.
Also, the board would consider conducting an extraordinary general meeting/postal ballot process to seek approval of the shareholders in respect of the aforesaid proposal, if required, said company in a regulatory filing.
At around 9:47 AM, Virinchi was trading at Rs195.35 per share up by Rs9.3 or 5% against previous closing of Rs186.05 per share on the BSE.
On Monday, the scrip opened at Rs195.35 per piece on Sensex.
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