Viji Finance Approves 8.85 Cr Warrants for ₹24.78 Cr

Viji Finance Ltd's Preferential Allotment Committee approved the allotment of 8,85,00,000 share warrants, convertible into equity shares, to non-promoters. This follows member approval at an EGM and in-principle approvals from BSE, NSE, and CSE. The company has received an upfront subscription of ₹6.195 crore (25% of the total warrant consideration). The issue size has been revised to ₹24.78 crore from ₹35.70 crore due to three proposed investors not participating. The warrants are subject to lock-in requirements, and the Chairman & Managing Director and Company Secretary are authorized to handle further filings.