Viji Finance Allots 1 Cr Equity Shares on Warrant Conversion

Viji Finance Ltd announced the allotment of 1,00,00,000 equity shares following the conversion of warrants. The shares were issued at a price of Rs. 2.80 each, including a premium of Rs. 1.80 per share. This conversion represents the final tranche of warrants previously allotted on a preferential basis. With this allotment, all 8,85,00,000 warrants have been fully converted, increasing the company's issued, subscribed, and paid-up capital to Rs. 23,10,00,000. The new shares will rank pari-passu with existing equity shares.