Announced Mon, 29 Jun · 12:59 IST
Viji Finance allots 3.04 crore shares on warrant conversion
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
+10.1%1-day move
₹5.46
prior close
₹5.73
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0—+0.0—+10.1+15.6+21.2+27.3+29.7+34.8+57.1———
Up moveDown movePending
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.