VIJIFINBSEViji Finance LtdMinimalNeutral
Announced Sat, 20 Jun · 17:57 IST

Viji Finance allots 8.85 crore warrants, raises Rs 6.2 cr upfront

VIJIFIN · price

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▲ 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
+10.0%1-day move
₹4.51
prior close
₹4.73
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AI summary

Viji Finance allotted 8.85 crore convertible warrants at Rs 2.80 each to 19 non-promoter allottees on June 16, 2026. The company received Rs 6.2 crore as 25 percent upfront payment. Total issue size stands at Rs 24.78 crore. Original plan for 12.75 crore warrants worth Rs 35.7 crore was reduced after three proposed investors did not participate. Remaining 75 percent is due on warrant conversion.

Likely market impact

Capital raise strengthens balance sheet; potential equity dilution when warrants are converted. Issue size was lower than originally approved.