Viji Finance Allots 1 Crore Shares On Warrant Conversion

Preferential Allotment Committee approved conversion of 1.00 Cr warrants into 1.00 Cr fully paid equity shares for non-promoter allottee Manoj Chhaganlal Rathod at Rs 2.80 per share, receiving Rs 2.1 Cr balance consideration. This completes conversion of all 8.85 Cr warrants issued under the June preferential allotment, with no warrants remaining outstanding. The allottee will hold 4.33% of equity post-conversion. Paid-up capital increases from Rs 22.1 Cr to Rs 23.1 Cr, implying further equity dilution. Shares remain subject to SEBI lock-in and exchange trading approval before listing.