Virinchi Technologies Ltd has announced that the Board of Directors of the Company at its meeting held on November 16, 2006 has allotted warrants to the following persons:
1. Anil Kumar Pinapala - 2,50,000 Warrants
2. Elite Class Assets Holding Ltd - 12,50,000 Warrants
3. Premiere Ventures Ltd - 12,50,000 Warrants
4. Clay Bridge International Ltd - 12,50,000 Warrants