Viji Finance Allots 1.5 Cr Equity Shares on Warrant Conversion

Viji Finance Ltd announced the allotment of 1,50,00,000 equity shares following the conversion of warrants. The Preferential Allotment Committee approved the allotment of these shares at an issue price of Rs. 2.80 per share, including a premium of Rs. 1.80. This conversion is from 1,50,00,000 warrants for which the remaining 75% of the issue price, amounting to Rs. 2.10 per warrant (totaling Rs. 3,15,00,000), was received from two non-promoter warrant holders. The company's issued, subscribed, and paid-up capital has increased from Rs. 20.60 crore to Rs. 22.10 crore.