ALPHA TRIBE

Vivo Bio Tech LtdImportant, 08-01-2026: Company Update

08-01-2026 | 02:16 pm

Vivo Bio Tech Limited has subscribed to 86 lakh Convertible Equity Warrants of Virinchi Limited on a preferential basis. The warrants were issued at Rs. 28 each. Vivo Bio Tech paid 25% of the issue price, totaling Rs. 6.02 Cr, as an initial subscription. Each warrant can be converted into one equity share of Virinchi Limited by paying the remaining 75% (Rs. 21 per warrant) later. This investment signifies Vivo Bio Tech's strategic stake in Virinchi Limited.

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