StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action24 Jul 2026, 05:11 pm

Viji Finance Allots 1.45 Cr Equity Shares on Warrant Conversion

AI Summary

Viji Finance Ltd announced the allotment of 1,45,00,000 equity shares following the conversion of warrants. These shares were issued at ₹2.80 per share to four non-promoter warrant holders. The conversion represents the final tranche of warrants issued on a preferential basis. The company had previously allotted 8,85,00,000 warrants to 19 investors. This allotment brings the total number of equity shares issued upon warrant conversion to 3,04,00,000 + 1,86,00,000 + 1,45,00,000 = 6,35,00,000 shares. The remaining 2,50,00,000 warrants are still outstanding.

Key Highlights

  • 1.45 crore equity shares allotted upon warrant conversion.
  • Allotment made to 4 non-promoter warrant holders.
  • Issue price fixed at ₹2.80 per equity share.
  • Total funds raised from this tranche: ₹3.045 crore.
  • 2.5 crore warrants remain outstanding.