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.
On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
Dilution for existing shareholders from 1.45 crore new shares. 2.5 crore more warrants pending conversion may add further dilution pressure.