Viji Finance Secures In-Principle Approval from BSE and NSE for Warrants Issuance
Viji Finance Ltd has received in-principle approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) regarding the issuance of warrants to non-promoter and other persons on a preferential basis. The approval was granted by the stock exchanges via letters dated June 4, 2026.The company is set to issue 127,500,000 warrants. These warrants are convertible into an equivalent number of equity shares of Re. 1/- each.
As per the terms approved by the stock exchanges, the minimum price for the warrants is Rs. 2.80 per warrant (inclusive). The premium associated with the issuance is set at Rs. 1.80 per warrant.
The details of the warrant issuance are summarized below:
| Metric | Detail |
|---|---|
| Number of Warrants to be Issued | 127,500,000 |
| Conversion Ratio | 1:1 (Warrant to Equity Share) |
| Face Value of Equity Shares | Re. 1/- per share |
| Minimum Issue Price per Warrant | Rs. 2.80 |
| Premium per Warrant | Rs. 1.80 |
| Issuance Basis | Preferential basis to non-promoter/other persons |
VIJIFIN Stock Price Movement
Shares of Viji Finance Limited are edging higher to ₹3.96 as of 1:58 PM today, gaining 1.02% in live trading. The stock maintains strong intraday activity, with the equity trading against a range between ₹3.81 and ₹4.11 on a volume of 300,962 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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