Viji Finance Approves Key Director Appointments and Expands Operations Through New Branch Openings

Viji Finance Approves Key Director Appointments and Expands Operations Through New Branch Openings​

Viji Finance Limited announced significant decisions made by its Board of Directors during a meeting held on Wednesday, June 24, 2026. The company approved key appointments to strengthen its leadership structure and greenlit the opening of multiple new branch offices across India as part of its business expansion strategy.

The Board meeting considered and ratified several appointments concerning the company's directorships. Mrs. Sejal Riddhesh Shah (DIN: 11269204) was approved for appointment as an Additional Director in the category of 'Non-Executive Non-Independent Director.' This appointment is effective from June 24, 2026, pending shareholder approval.

Furthermore, Mr. Prakash Muksiya (DIN: 11786103) received board approval for appointment as an Additional Director, classified as a 'Non-Executive Independent Director.' The term for this role has been set for five years, spanning from June 24, 2026, to June 23, 2031. This position is also subject to the approval of the company's shareholders.

In addition to these leadership appointments, Viji Finance Limited approved the opening of new branch offices in several key cities. These operational expansions include locations in Mumbai (Maharashtra), Ahmedabad and Surat (Gujarat), Indore (Madhya Pradesh), and Jodhpur (Rajasthan). The move is aimed at expanding the company’s business operations and strengthening its regional presence, subject to applicable regulatory requirements.

The Board meeting commenced at 3:30 p.m. and concluded at 4:30 p.m.

VIJIFIN Stock Price Movement​

Viji Finance Limited shares surged today, climbing 4.84% in post-market trading to settle at ₹5.20 after hitting its 52-week high. The stock saw heavy investor interest, with 737,141 shares traded as the NBFC equity peaked at this level.