Viji Finance converts 1 Cr warrants to equity shares

Viji Finance Ltd announced the outcome of its Preferential Allotment Committee meeting held on August 26, 2026. The committee approved the allotment of 1,00,00,000 equity shares at an issue price of Rs. 2.80 per share, following the conversion of an equivalent number of warrants. This conversion was completed upon receipt of the balance 75% of the issue price from one non-promoter warrant holder. With this allotment, all 8,85,00,000 warrants previously issued on a preferential basis have been fully converted into equity shares, increasing the company's paid-up capital to Rs. 23,10,00,000.