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Virinchi LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 08:39 pm

Virinchi Limited has announced a board meeting on August 14, 2025. The board approved the consolidated financial results for the quarter ended June 30, 2025. A key discussion point was the strategic evaluation of their high-EBITDA Fin-Tech SaaS unit, "QFund." The plan involves restructuring QFund into a 100% subsidiary to unlock shareholder value. They aim to divest a portion of QFund through private investment or an IPO, using the funds to reduce debt and expand the Virinchi hospital chain's oncology healthcare vertical. A follow-up meeting is set for August 22, 2025, for further deliberation.

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