Announced Wed, 24 Jun · 18:36 IST
BSE and NSE impose fine on Viji Finance for board composition non-compliance
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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
+10.2%1-day move
₹5.20
prior close
₹5.46
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.2+15.6+21.3+27.3+33.7+38.8+61.9+81.7——
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AI summary
BSE and NSE each imposed a fine of Rs 1,35,700 on Viji Finance for alleged non-compliance with SEBI Regulation 17(1), which requires top 2000 listed companies to have at least six directors on their board. The company has paid both fines under protest without admitting any violation and plans to file a waiver or review application. Notices were first received on May 27, 2026, with reminders on June 15, 2026. Management states there is no material impact on finances or operations.
Likely market impact
Small regulatory penalty already paid under protest. Company will seek waiver. No material financial or operational impact disclosed.