Viji Finance Limited — Important, 16-06-2026: Committee Meeting Updates

VIJI FINANCE LIMITED has allotted 8.85 crore convertible share warrants to non-promoter investors through a preferential issue, raising Rs. 24.78 crore. The company received an upfront payment of Rs. 6.195 crore, representing 25% of the total consideration, with the balance due upon conversion into equity shares within 18 months. Notably, the issue size was reduced from an initially planned 12.75 crore warrants (Rs. 35.70 crore) because three proposed investors did not participate. This capital infusion will result in future equity dilution for existing shareholders.