Announced Fri, 24 Jul · 17:04 IST
1.45 Cr shares allotted on warrant conversion at Rs 2.80 each
VIJIFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹9.27
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.9—————————
Up moveDown movePending
AI summary
Viji Finance has allotted 1.45 crore equity shares to 4 non-promoter warrant holders who paid the balance 75 percent of the issue price. Shares were issued at Rs 2.80 each (Re 1 face value plus Rs 1.80 premium) on conversion of warrants, bringing in Rs 3.04 crore. Paid-up capital rose from Rs 19.15 crore to Rs 20.60 crore. 3 warrant holders still hold 2.5 crore unconverted warrants eligible for future conversion.
Likely market impact
Dilution for existing shareholders from 1.45 crore new shares. 2.5 crore more warrants pending conversion may add further dilution pressure.