Viji Finance allots 3.04 crore 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

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prior close

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announcement price

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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.

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AI summary

Viji Finance allotted 3.04 crore equity shares (face value Re. 1) to 9 non-promoter warrant holders at Rs. 2.80 per share (premium Rs. 1.80), raising Rs. 6.38 crore as the balance 75 percent payment. These shares were issued upon conversion of warrants originally allotted on June 16, 2026. Allottees are individuals from the Jain family, each holding about 2.08 percent post-allotment. Paid-up capital rose to Rs. 17.29 crore. 5.81 crore warrants remain pending conversion.

Likely market impact

Share dilution as share count rises from 14.25 crore to 17.29 crore. Company receives 6.38 crore as balance warrant payment.