VIRINCHIBSEVirinchi Ltd· IT - SoftwareHighNegative
Announced Wed, 16 Apr, 2025 · 19:08 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 16, 2025 for Viswanath Kompella

VIRINCHI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.8%Reaction day
₹21.54
prior close
₹21.50
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+2.1% vs market
Software Products peers, median of 31sector+0.0%+2.8% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.8 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.0
10m
-0.1
15m
-0.2
30m
+0.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.8+0.7+2.1+0.0+2.8
Next day
+5.6+2.2+3.3+0.7+4.8
2d
+6.5+3.1+3.3+2.3+4.2
3d
+8.8+3.1+5.6+3.2+5.5
4d
+6.8+3.6+3.2+2.1+4.7
5d
+2.8+0.8+2.0+0.4+2.4
1w
-0.2+0.7-0.8+0.5-0.7
15d
-2.8+2.0-4.8-1.0-1.7
1m
+6.7+8.5-1.8+0.9+5.8
2m
-0.0+11.2-11.3+0.2-0.2
3m
+35.0+16.3+18.6+3.5+31.5
UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 31Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Viswanath Kompella has pledged an additional 5,00,000 equity shares (0.49% of total share capital) of Virinchi Limited with Badjate Stock Broking Pvt Ltd, effective April 15, 2025. The reason stated is to cover a shortfall in security coverage, and the borrowed amount is for personal use by the promoter. With this addition, total encumbered promoter shares stand at 1,12,72,679 (10.98% of total share capital), which is 29.28% of the total promoter shareholding of 3,85,05,538 shares (37.51%). The encumbrance level is below both the 50% promoter shareholding threshold and the 20% total share capital threshold. The shares were valued at Rs. 1.08 crore (at Rs. 21.62 per share) against a loan/amount involved of Rs. 5–15 crore.

Likely market impact

This is a moderate negative signal — additional pledging for personal use by a promoter, even though overall encumbered levels remain below key SEBI thresholds. Shareholders should monitor for further encumbrances or any sign of financial stress on the promoter.