Virinchi Limited — Board Meeting, 22-08-2025: Outcome of Board Meeting
22-08-2025 | 02:23 pm
22-08-2025 | 02:23 pm
Virinchi's Board approved spinning off its SaaS business into a new subsidiary (NewCo) for an IPO. This strategic move aims to unlock shareholder value, reduce parent debt, and fuel SaaS growth. IPO advisors are already appointed.