
Corporate Action10 Jul 2026, 06:10 pm
Viji Finance Allots 1.86 Cr Equity Shares on Warrant Conversion
AI Summary
Viji Finance Ltd announced the allotment of 1,86,00,000 equity shares following the conversion of warrants. These shares were issued at Rs. 2.80 per share to 3 non-promoter warrant holders upon receipt of the balance 75% of the issue price. This allotment increases the company's issued, subscribed, and paid-up capital to Rs. 19,15,00,000. The company also noted that 3,95,00,000 warrants remain outstanding for conversion within the prescribed period. The meeting of the Preferential Allotment Committee was held on July 10, 2026.
Key Highlights
- 1.86 crore equity shares allotted upon warrant conversion.
- Issue price fixed at Rs. 2.80 per share.
- Company capital increases to Rs. 19.15 crore.
- 3 non-promoter warrant holders received shares.
- 3.95 crore warrants remain outstanding.
Price Impact
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