Viji Finance Limited has informed regarding Disclosure of material issue

Viji Finance Limited has disclosed that both BSE and NSE have imposed a fine of Rs. 1,35,700/- each (total Rs. 2,71,400) for alleged non-compliance with Regulation 17(1) of SEBI Listing Regulations. The regulation requires top 2000 listed entities to have at least six directors on their board. The company disputes this fine, stating it does not fall under the top 2000 listed entities category and therefore the regulation should not apply. The company claims it was not given adequate opportunity of being heard and has already submitted clarifications to NSE on 9th May, 22nd May, and 26th May 2026. The company states there is no material impact on financial or operational activities except for the fine amount, and plans to submit an appropriate representation to the exchanges.