Viji Finance Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on December 31, 2025. Further, the company has informed the Exchange regarding voting results.
VIJIFIN · price
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Viji Finance Limited held its 31st AGM on December 31, 2025 via video conferencing, where shareholders approved all 8 resolutions with overwhelming majorities (over 99.98% in favour on every item). Key items included adoption of the audited financial statements for FY ended March 31, 2025, appointment of Ramesh Chandra Bagdi & Associates as Secretarial Auditor, and confirmation of Mr. Ashish Verma as a Non-Executive Director. Importantly, shareholders cleared several capital-raising resolutions: authority to the Board to borrow funds, create charges on company assets, raise money through secured or unsecured loans with an option to convert to equity shares, and an increase in authorized share capital. A material related party transaction with CMD Mr. Vijay Kothari was also approved, with the promoter group abstaining due to their direct interest. Voting turnout was about 54.1% of outstanding shares (77.16 million votes), with the promoter group (53.7% holding) voting in full on all resolutions except the related party item.
Shareholders have given the Board wide latitude to raise fresh debt or equity-linked funds, which could lead to future equity dilution or higher leverage but also signals growth or funding needs. The RPT approval with the CMD is a governance item to watch. Near-term stock impact is likely muted since most resolutions were routine or procedural and passed as expected.