Viji Finance allots 3.04 crore shares on warrant conversion

Warrants ConvertedFund Raising View source PDF Explain this filing

VIJIFIN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+4.9%Reaction day

₹5.46

prior close

₹5.73

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+5.2% vs market

On the reaction day the stock moved 5.2 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

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+4.9-0.3+5.2

Next day

+10.1+0.8+9.3

+15.6+0.9+14.6

+21.2+1.8+19.5

+27.3+1.5+25.8

+29.7+1.7+28.0

+34.8-1.1+35.9

15d

+57.1+1.0+56.1

+79.9+0.4+79.5

+181.0+6.4+174.6

+188.8+5.5+183.4

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Viji Finance Preferential Allotment Committee approved conversion of 3,04,00,000 warrants into equity shares at Rs. 2.80 each (face value Re. 1, premium Rs. 1.80). 9 non-promoter allottees paid the balance 75% of about Rs. 6.38 crore. Paid-up capital rose from Rs. 14.25 crore to Rs. 17.29 crore. 5.81 crore warrants held by 10 other warrant holders remain pending conversion.

Likely market impact

Dilution of around 21% from this tranche, with more dilution possible as 5.81 crore warrants are still outstanding. New shares carry SEBI lock-in.