Viji Finance allots 1.5 cr shares on warrant conversion

Warrants ConvertedFund Raising View source PDF Explain this filing

VIJIFIN · price

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Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹11.92

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+1.8% vs market

On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+1.9+0.2+1.8

Next day

+3.9+0.2+3.7

+6.0+0.4+5.6

+8.1+0.7+7.3

+10.2+0.1+10.0

+12.3+0.7+11.7

+16.8+1.2+15.6

15d

+36.4+0.7+35.7

+28.4-1.2+29.6

+24.4-1.1+25.5

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Viji Finance allotted 1,50,00,000 equity shares (Re 1 face value) at Rs 2.80 each on conversion of warrants. Two non-promoter holders (Kunal D Sanghvi HUF and Ashik D Sanghvi HUF) paid the balance 75 percent, totaling Rs 3.15 crore, to convert their warrants. Paid-up capital rose from Rs 20.6 crore to Rs 22.1 crore. Shares are subject to SEBI lock-in rules.

Likely market impact

Minor dilution as 1.5 crore shares added to equity base; non-promoter warrant conversion completed with capital boost.