Viji Finance Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
VIJIFIN · price
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Viji Finance Limited informed the exchanges about three items approved by members at its 31st Annual General Meeting held on 31st December 2025. First, the company increased its authorized share capital from ₹18 crore (18 crore equity shares of ₹1 each) to ₹30 crore (30 crore equity shares of ₹1 each), creating room for 12 crore additional shares, and accordingly amended Clause V of its Memorandum of Association. Second, members confirmed the appointment of Ramesh Chandra Bagdi & Associates, Practicing Company Secretaries, as the Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. Third, Mr. Ashish Verma (DIN: 07665222), who was earlier appointed as an additional director on 8th December 2025, was confirmed as Professional Non-Executive Non-Independent Director; he holds MA, M.Phil, M.Ed and MBA qualifications with 38 years of experience in education and administration.
The ₹12 crore jump in authorized share capital gives the company headroom to issue new equity shares in the future, which may pave the way for a potential fundraise or stock split later, possibly leading to share dilution for existing holders. The auditor and director confirmations are routine governance approvals and are unlikely to move the stock on their own.