StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding23 Jul 2026, 09:37 am

Viji Finance: Ashokkumar Jain & PACs Acquire 17.75% Stake via Warrants

AI Summary

Ashokkumar Jain and nine Persons Acting in Concert (PACs) have been allotted 3,40,00,000 equity shares in Viji Finance Limited, representing 17.75% of the total paid-up equity share capital. This acquisition occurred on June 29, 2026, and July 10, 2026, through the conversion of warrants on a preferential basis. The total equity share capital post-acquisition is Rs. 19,15,00,000. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Ashokkumar Jain and PACs acquired 17.75% stake in Viji Finance.
  • Acquisition involved 3,40,00,000 equity shares via preferential allotment.
  • Transaction was a conversion of warrants on a preferential basis.
  • Total equity capital post-acquisition stands at Rs. 19,15,00,000.
  • Disclosure complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.