Viji Finance Clears 2.95 Crore Shares for Trading

2,95,00,000 equity shares have received trading approval following warrant conversion.
Rs 2.80 is the total issue price per share, comprising Re 1 face value and Rs 1.80 premium.

Reader Takeaway: Trading approval boosts issued capital, though lock-in provisions until March 2027 limit immediate supply liquidity.

What just happened

Viji Finance Ltd has officially secured trading approvals from the BSE and NSE for 2,95,00,000 equity shares. These shares were issued to non-promoters on a preferential basis, following the conversion of outstanding warrants into equity. The shares, assigned distinctive numbers ranging from 191500001 to 221000000, are available for trading on the exchanges as of September 29, 2026.

Why this matters

The listing formalizes the conversion process, integrating these shares into the company's total issued share capital. This action increases the total outstanding equity base of the company. For current investors, the event represents the final stage of the previously approved preferential allotment process.

Risks to watch

Investors must monitor the mandatory lock-in periods assigned to these specific shares. While the listing is official, the majority of these 2.95 crore shares are restricted from being sold on the open market until March 31, 2027. This constraint prevents these specific holdings from adding to the immediate sell-side liquidity in the stock.

What to track next

Shareholders should observe if the company provides further updates regarding capital structure changes or future corporate actions involving the remaining warrants, if any. The expiration of the lock-in period in March 2027 will be the next major liquidity milestone for these specific shares.