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Virinchi Limited disclosed that Viswanath Kompella, a promoter, has pledged 5,00,000 equity shares of the company. As a result of this transaction, his ownership of shares carrying voting rights has decreased from 60,78,209 to 55,78,209, while the total encumbered shares he holds increased from 1,02,72,679 to 1,07,72,679. This move underscores a significant alteration in the promoter's shareholding, potentially impacting investor sentiment around the company's stability and confidence in its future.