StockWatch
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Non Banking Financial Company (NBFC)
Shareholding31 Aug 2026, 05:50 pm

Viji Finance: Nimit Rathod & PAC Increase Stake to 6.06%

AI Summary

Nimit Manoj Kumar Rathod, acting as Acquirer, and Manoj Chhaganlal Rathod, a Person Acting in Concert (PAC), have disclosed an acquisition of 1,00,00,000 equity shares in Viji Finance Limited. This acquisition, made through a preferential allotment upon conversion of warrants, represents approximately 4.33% of the post-allotment share capital. Prior to this, the Acquirer and PAC collectively held 40,00,000 shares, or 1.81%. Following the new allotment, their combined shareholding has risen to 1,40,00,000 shares, constituting 6.06% of the company's post-allotment equity share capital. The shares are pending listing and trading approvals.

Key Highlights

  • Nimit Rathod and PAC acquired 1 crore shares in Viji Finance.
  • Acquisition was via preferential allotment of converted warrants.
  • Combined shareholding increased from 1.81% to 6.06%.
  • The transaction represents a 4.33% stake increase.
  • Shares are pending listing and trading approvals.