Viji Finance Ltd

Viji Finance Ltd announced the allotment of 88.5 million share warrants convertible into equity shares on a preferential basis to non-promoters. This follows an EGM approval and in-principle consent from BSE, NSE, and CSE. The company has received an upfront subscription of ₹6.195 crore (25% of the total warrant consideration). The remaining 75% is payable within 18 months upon conversion. Three proposed investors, collectively intended to subscribe to 39 million warrants, did not participate, revising the total issue size to ₹24.78 crore from ₹35.70 crore.

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.

Viji Finance Ltd's Preferential Allotment Committee has approved the issuance of 12,75,00,000 warrants convertible into equity shares. Each warrant is priced at Rs. 2.80, including a premium of Rs. 1.80. This private placement is to non-promoters for cash, in line with a prior special resolution and approvals from BSE and NSE. The company will issue a Private Placement Offer-cum-Application Letter (Form PAS-4) and an Application Form to the allottees. This move is in accordance with the Companies Act, 2013, and SEBI regulations.

Viji Finance Ltd has received in-principle approval from BSE and NSE for the issuance of 12,75,00,000 warrants convertible into equity shares. The warrants will be issued at a price of not less than Rs. 2.80 per warrant, including a premium of Rs. 1.80, to non-promoter/other persons on a preferential basis. This disclosure is made in compliance with SEBI (LODR) Regulations, 2015, specifically Regulation 30.

BSE Limited and National Stock Exchange of India Limited have each imposed a fine of ₹1,35,700/- on 537820. The fines, communicated via emails dated May 27, 2026, are for alleged non-compliance with Regulation 17(1) of the SEBI Listing Regulations, which mandates that the Board of Directors of the top 2000 listed entities shall comprise not less than six directors. The company disputes the applicability of this regulation, stating it does not fall under the category of top 2000 listed entities and claims it was not given an adequate opportunity to be heard by BSE. The company is in the process of submitting an appropriate response/representation to both stock exchanges. The company states there is no material impact on financial, operational, or other activities beyond the fine amount.

Viji Finance Ltd has received a corrigendum to the valuation report dated May 22, 2026, issued by CA Naveen Khandelwal, an Independent Registered Valuer. The corrigendum addresses observations from the National Stock Exchange of India (NSE) regarding the proposed issue and allotment of 12,75,00,000 warrants convertible into equity shares on a preferential basis. The company states that the corrigendum does not materially impact the overall valuation conclusion, except as specifically mentioned in the corrigendum. The corrigendum is available on the company's website.

Viji Finance Ltd has announced the audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results in their meeting held on May 6, 2026, along with the Auditors Report, Statement of Assets and Liabilities, and Cash Flow Statement. The company has also declared that the auditor's opinion on the annual audited financial result is unmodified. The results will be available on the company's website and stock exchange websites and will be published in newspapers.

Viji Finance Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. The results, along with the auditor's report, statement of assets and liabilities, and cash flow statement, were approved at a board meeting held on May 6, 2026. The board also declared an unmodified opinion from the auditors on the annual audited financial results. The meeting commenced at 4:00 PM and concluded at 6:00 PM. The company will publish the results on its website and stock exchange websites and in newspapers.

Viji Finance Ltd. has issued an intimation to shareholders holding shares in physical mode, mandating the furnishing of PAN, KYC details, bank account details, nomination, and other relevant information. This is in compliance with SEBI regulations and aims to ensure seamless communication, regulatory compliance, and proper credit of dividends. Shareholders are requested to update their details with the Registrar and Share Transfer Agent (RTA), Ankit Consultancy Private Limited, through various modes including in-person verification, hard copies, or electronic means.

Viji Finance Ltd has informed BSE that its Board of Directors will hold a meeting on Wednesday, May 6, 2026. The main agenda for the meeting is to consider and approve the Audited Financial Results for both the quarter and the financial year ended March 31, 2026, along with the associated Audit Report. The board will also address other routine matters. Furthermore, the trading window for dealing in the company's securities, which was previously closed, will reopen 48 hours after the declaration of these audited financial results for all designated persons and their immediate relatives.