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Virinchi Ltd.

(Formerly Known as VirinchiTechnologies Ltd)

l)ated: 3'd .luly, 2016


'l'he

Deputy Manager
Department of Corporate Services

Bombay Stocl< Ilxchange l.td


'[owers"
Dalal Strect
Murnbai-01
P.l

Dear Sir
Sub: C--lariflcation with regard to theconversation
on a Business news Channel

with the managementaired on l"July.20l6

With reference to the above subject, we would like to further clarify that Virinchi proposes to
leverage its expertise in big data analytics in india by providing business solutions as against l'lsolutions and has chosen health care as the first choice of industry.
'l'he approach fbllowed is to set up a chain o1-asset light but medical
equipment heavy. Il'drivcn
hospitals to provide mcdical oare to paticnts by brirrging advanoements in somc of thc nra.jor
rnedical specialities while capturing big data across patient population including epigenome,

gcrlome. bionrarl<ers. radiology rnarl<.ers, symptoms allergies API exposure disease


progression and deliver patient sirnilarity patterns which are fundarrental to personalized
rnedicine. All data shall be captured as per law under strict patient confidentiality agreernents.
Once cleansed threshold data is obtained across several of these medical specialities, the
company proposes to monetize the same by providing subscription service to single and poly
clinics . hospitals , MNC bio-pharrna. universities and governmcnt institLrtions across the
world. The only way to have authentic data. is to control the source of the data and that is only
possible by having physical chain of hospitals managed by.the company.
No estimate of revenues from such subscription service can be made at this early stage.

: # 10, SRK Golony, West Marredpally, Secunderabad - 26 T.S. India Tel : +91 (40) 2780 3608/10, Fax : +91 (40) 2780 3612
Gampus : Sy.No: 121, Behind Hakimpet Airforce Academy, Pothaipally, Hakimpet, Hyd - 014. Tel : +91 8374455002 - 08,
Gorp. Office : A-1, 3rd Floor, Surabhi Plaza, Vikrampuri, Secunderabad - 9. T.S. lndia. Tel : +91 (40) 2789 0662 - 665, Fax : +91 (40)2789 0669
Regd Office

Web: www.vidnchi.com

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Virinchi Ltd.
(Formerly Known as VirinchiTechnologies Ltd)

l-lowevcr" the current tbcus o1'the company shall be to make these new hospitals as independent
protit Centres, irrespcctive of the data subscription service.

l"his is fbr your infornration and records


'l'hanking You

s$?
:lr:ii

Yours Truly
FOR VIRINCHI

ll
K.RAVINDRANATH TAGORE
COMPANY SECRETARY

Disclaimer: This release

of information may include statements of future expectations and

other

forward looking statements that are based on the management's current views and assumptions and
involve known or unknown risks and uncertainties that could cause actual results performance or events
to differ materially from those expressed or implied in such statements. In addition to statements which
are forward looking by reason of context, the words "may" , "will ", should, expects, plans, intends,
anticipates, believes, estimates, predicts, potential or continue and similar expressions identify forward
looking statements. Actual results, performance or events may differ materially from those in such
statements due to without limitation i) General Economic conditions such as performance of financial
markets, credit defaults, currency exchange rates, interest rates, persistency levels and
frequency/severity of insured loss events ii) mortality and morbidity levels and trends iii) changing levels
of competition and general competitive factors iv) changes in laws and regulations and in the policies of
central banks and /or governments v) the impact of acquisitions or reorganization including related
integration issues.

: # 10, SRK Colony, West Manedpally, Secunderabad - 26 T.S. India Tel : +91 (40) 2780 3608/10, Fax : +91 (40) 2780 3612
Campus : Sy.No: 121, Behind Hakimpet Airforce Academy, Pothaipally, Hakimpet, Hyd - 014. Tel i +91 8374455002 - 08.
Corp. Office : A-1, 3rd Floor, Surabhi Plaza, Vikrampuri, Secunderabad - 9. T.S. India. Tel : +91 (40) 2789 0662 - 665, Fax : +91 (40) 27Bg 0669
Regd

Office

Web : wuYw.virinchi.com

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No.

L7 2200T

Gl 990PLC0

111 04