Viji Finance Receives BSE and NSE Listing Approval for 2.95 Crore Shares

2,95,00,000 Equity Shares | Re. 1.00 Face Value

Reader Takeaway: Listing approval validates warrant conversion; investors now await final depository credit and official trading authorization.

What just happened

Viji Finance Ltd has received formal listing approval from both BSE Limited and the National Stock Exchange (NSE). This approval covers the issuance of 2.95 crore equity shares allotted to non-promoter investors on a preferential basis. These shares originated from the conversion of warrants previously held by these stakeholders.

Key Issue Details

The shares were issued with a face value of Re. 1.00 per share, alongside an issue premium of Rs. 1.80 per share. The new shares carry distinctive numbers ranging from 191500001 to 221000000. Approval from the exchanges was officially recorded on September 11, 2026.

Important Conditions for Trading

While the listing approval marks a significant milestone, trading has not yet commenced. The company must complete a few final administrative steps to comply with SEBI and exchange regulations:

• Depository Confirmation: The company must secure confirmation from NSDL or CDSL verifying that the shares have been successfully credited to the respective beneficiary accounts.
• Trading Application: Viji Finance is required to apply for final trading approval within seven working days of this listing notification.
• Regulatory Compliance: The firm must adhere to ongoing SEBI disclosure requirements, especially regarding shifts in shareholding patterns resulting from this issuance.

What to track next

Investors should look for the formal announcement of the trading commencement date. Once the depository credit process is finalized and the exchanges issue the final trading order, these newly issued shares will be available for active trade on the secondary market.