Viji Finance Limited's Board of Directors, at their meeting held on Wednesday, 6th May, 2026, approved the audited standalone financial results for the quarter and year ended 31st March, 2026. The results, reviewed and recommended by the Audit Committee, were accompanied by an unmodified audit opinion from statutory auditors Dharmendra K Agarwal & Co. (FRN: 025525C), along with the Statement of Assets and Liabilities and Cash Flow Statement. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company subsequently published an advertisement in Free Press (Indore & Mumbai edition, in English) and Choutha Sansar (in Hindi) on 8th May, 2026, incorporating a Quick Response code and a web link to access the complete audited financial results for the quarter and year ended 31st March, 2026 under Regulation 33. The compliance filing was submitted to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited on 9th May, 2026, and was signed by Company Secretary Stuti Sinha.

Strong Revenue and Profit Growth in FY26

Viji Finance delivered a marked improvement in financial performance for the year ended 31st March, 2026. Total income rose to Rs. 523.99 Lacs from Rs. 292.92 Lacs in the previous year, primarily driven by a substantial increase in interest income. Total revenue from operations grew to Rs. 508.17 Lacs in FY26 from Rs. 232.51 Lacs in FY25. Total expenses for the year declined to Rs. 259.88 Lacs from Rs. 271.26 Lacs in FY25, contributing to a significant improvement in profitability.

The following table summarises the key financial results for the quarter and year ended 31st March, 2026 (Rs. in Lacs except EPS):

Balance Sheet and Capital Position

As at 31st March, 2026, Viji Finance reported total assets of Rs. 3365.35 Lacs compared to Rs. 3505.39 Lacs as at 31st March, 2025. The loan book stood at Rs. 2943.16 Lacs, up from Rs. 2705.60 Lacs in the prior year. Borrowings (other than debt securities) declined significantly to Rs. 724.89 Lacs from Rs. 1259.72 Lacs, reflecting a reduction in leverage. Equity share capital remained unchanged at Rs. 1425.00 Lacs, while other equity increased to Rs. 911.29 Lacs from Rs. 713.83 Lacs.

Auditor's 'Other Matter' Paragraph: Loan Repayment Concern

While the statutory auditors issued an unmodified opinion on the annual financial results, they included a notable 'Other Matter' paragraph in their report. The auditors observed that during the year, loan accounts of three borrowers aggregating Rs. 145.47 Lacs were repaid by Mr. Vijay Kothari, a director acting as guarantor in a personal capacity, rather than by the borrowers themselves. The auditors noted that the source of funds of the guarantor was not independently verified and flagged that this may indicate stress in the borrowers' financial position and a potential risk of evergreening. The matter was highlighted as requiring further verification regarding the source of funds and appropriate asset classification as per RBI guidelines. The company's notes to the financial results also disclosed that two of the three borrower accounts are under the NPA category, and the guarantor paid the loan amounts of Rs. 145.47 Lakhs during the year.

Warrant Issuance and Corporate Developments

The Board of Directors, at its meeting held on 24th March, 2026, approved the issuance and allotment of 12,75,00,000 warrants, each convertible into an equivalent number of equity shares, on a preferential basis in accordance with Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, subject to member approval. The proposal was subsequently approved by shareholders at an Extra-Ordinary General Meeting held on 23rd April, 2026. In-principle approval from the stock exchanges is currently awaited.

Cash Flow Summary

For the year ended 31st March, 2026, Viji Finance reported net cash flows from operating activities of Rs. 218.88 Lacs, compared to a net outflow of Rs. (287.90) Lacs in the prior year. Net cash used in investing activities was Rs. (189.78) Lacs, primarily on account of purchase of investments at FTPL. Net cash used in financing activities was Rs. -534.83 Lacs, reflecting repayment of borrowings of Rs. (534.83) Lacs. Cash and cash equivalents at the end of the period stood at Rs. 43.67 Lacs, compared to Rs. 549.40 Lacs at the beginning of the period.

Viji Finance Limited held its Extra Ordinary General Meeting (EGM) on Thursday, April 23, 2026, through video conference and other audio-visual means in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The meeting commenced at 11:33 A.M. IST and concluded at 11:42 A.M., with the Registered Office deemed as the venue for proceedings. A total of 36 members attended through VC/OAVM out of 62,937 members as on the cut-off date of April 16, 2026.

Meeting Leadership and Attendance

Mr. Ashish Verma, Non-Executive Non-Independent Director, was appointed as Chairman for the meeting as Mr. Vijay Kothari, Chairman & Managing Director, participated virtually due to health issues. The following directors and key management personnel were present:

Warrant Issuance Details

The EGM considered and approved one special resolution for the issuance of 12,75,00,000 warrants convertible into equity shares of Re.1/- each on a preferential basis to non-promoter/other persons. The key terms of the warrant issuance are as follows:

Voting Results and Compliance

Following the EGM, the company submitted comprehensive voting results to BSE, NSE, and the Calcutta Stock Exchange under Regulation 44(3) of SEBI (LODR) Regulations, 2015. The voting process was scrutinized by Mr. L.N. Joshi, Practicing Company Secretary (FCS: 5201), who was appointed as scrutinizer on March 24, 2026.

Remote e-voting commenced at 9:00 a.m. IST on Monday, April 20, 2026, and concluded at 5:00 p.m. IST on Wednesday, April 22, 2026. Out of 142,500,000 total shares, 71,062,717 votes were polled, representing 49.87% of the outstanding shares.

Major Investors and Allocation

The warrants have been allocated to 22 non-promoter investors, with the largest allocations going to:

Warrant Terms and Conditions

Each warrant is convertible into one equity share within eighteen months from the date of allotment. An amount equivalent to 25% of the consideration shall be payable at the time of subscription and allotment of warrants, while the remaining 75% shall be payable upon exercise of options. In the event that proposed allottees do not exercise the option for equity shares against any warrants within the eighteen-month period, the unexercised warrants shall lapse, and the consideration paid shall be forfeited by the company.

The voting results and consolidated scrutinizer report have been uploaded on the company's website at www.vijifinance.com and on CDSL's website at www.evotingindia.com for public access.