Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations )-Corrigendum to the Valuation report in relation to preferential issue of 12,75,00,000 Warrants convertible into equivalent number of Equity Shares.
VIJIFIN · price
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Viji Finance Limited has disclosed receipt of a corrigendum to the independent valuation report for its proposed preferential issue of 1,275,00,000 warrants (1.275 billion) convertible into an equivalent number of equity shares. The corrigendum, issued by CA Naveen Khandelwal (Independent Registered Valuer) dated 22 May 2026, rectifies and clarifies observations that arose from scrutiny by the National Stock Exchange of India (NSE). The company states there is no material impact on the overall valuation conclusion. The original valuation report was filed as part of the company's in-principle approval application with BSE, NSE, and CSE.
The corrigendum appears procedural in nature with no material impact on valuation, but the NSE review suggests heightened regulatory scrutiny on the pricing fairness of this large preferential issuance, which could be a watch-out for minority shareholders regarding potential dilution.