Warrants converted to 3.04 crore shares at Rs 2.80 each
VIJIFIN · price
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Viji Finance allotted 3.04 crore equity shares (face value Re 1) at Rs 2.80 each, upon conversion of warrants by 9 non-promoter holders who paid the balance 75 percent (Rs 6.38 crore). Warrants were originally allotted on June 16, 2026 to 19 investors. Paid-up capital rose from Rs 14.25 crore to Rs 17.29 crore. 5.81 crore warrants with 10 holders remain outstanding. New shares are subject to SEBI lock-in rules.
Equity base expands by 21 percent with 3.04 crore new shares. 5.81 crore more warrants can still convert, so further dilution possible. Non-promoter allottees only.