Trading Approval Received for 2,95,00,000 Equity Shares Issued on Conversion of Warrants
BSE and NSE have granted trading approval for 2,95,00,000 equity shares of Re. 1/- each, issued at a premium of Rs. 1.80/- per share to non-promoters on a preferential basis on conversion of warrants.
- Shares Issued
- 2,95,00,000 equity shares
- Share Par Value
- Re. 1/- each
- Premium
- Rs. 1.80/- per share
- Trading Commencement
- September 29, 2026
- Lock-in Period
- Up to 31-Mar-2027 (40,00,000 shares up to 30-Mar-2027)
What happened
The company informed the exchanges that it has received trading approval from BSE Limited and the National Stock Exchange for 2,95,00,000 equity shares of Re. 1/- each, issued at a premium of Rs. 1.80/- per share.
These shares were issued to non-promoters on a preferential basis, pursuant to conversion of warrants. They bear distinctive numbers 191500001 to 221000000.
Effective date
- BSE letter dated September 28, 2026; securities listed effective Tuesday, September 29, 2026.
- NSE letter dated September 28, 2026; shares admitted to dealings from September 29, 2026 under symbol VIJIFIN, series EQ.
Lock-in details per NSE annexure
- 56,00,000 shares locked in up to 31-Mar-2027
- 24,50,000 shares locked in up to 31-Mar-2027
- 24,50,000 shares locked in up to 31-Mar-2027
- 40,00,000 shares locked in up to 30-Mar-2027
- 75,00,000 shares locked in up to 31-Mar-2027
- 75,00,000 shares locked in up to 31-Mar-2027
- Total: 2,95,00,000 shares
What it means for investors
This is a procedural step completing an earlier preferential allotment: listing approval was intimated on September 12, 2026, and trading approval has now followed. Once free of lock-in, these shares can be traded, adding to the company's listed equity base. Warrant conversions of this kind increase the number of outstanding shares, which dilutes the holding of existing shareholders proportionately.
Also from Viji Finance
Board meeting on 14 October 2026 to consider un-audited results for Q2/H1 FY27
7 Oct 2026
More numbers
- Equity shares granted trading approval2,95,00,000 equity shares
- Face value per shareRe. 1/- each
- Premium per shareRs. 1.80/-
- Shares locked in up to 31-Mar-2027 (tranche 1)5600000
- Shares locked in up to 31-Mar-2027 (tranche 2)2450000
- Shares locked in up to 31-Mar-2027 (tranche 3)2450000
- Shares locked in up to 30-Mar-20274000000
- Shares locked in up to 31-Mar-2027 (tranche 5)7500000
- Shares locked in up to 31-Mar-2027 (tranche 6)7500000
- Total shares in lock-in annexure29500000
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