Viji Finance secures BSE, NSE trading approval for 2.95 crore shares
- Viji Finance received trading approvals from BSE and NSE for 2.95 crore equity shares
- Shares were issued at a premium of ₹1.80 per share on a preferential basis
- Trading commences on September 29, 2026
- Lock-in periods for most tranches expire on March 31, 2027

*this image is generated using AI for illustrative purposes only.
Viji Finance Limited has received trading approvals from BSE Limited and National Stock Exchange of India Limited for 2.95 crore equity shares. The shares, issued at a premium of ₹1.80 per share on a preferential basis pursuant to warrant conversion, will be admitted for trading effective September 29, 2026.
The company filed an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming the receipt of these approvals. This follows an earlier disclosure dated September 12, 2026, regarding the listing approval for the same block of shares.
Share Details and Issuance Terms
The approved securities consist of equity shares with a face value of ₹1 each. These shares were allotted to non-promoters through the conversion of warrants. The specific details of the issuance are outlined below:
| Parameter | Details |
|---|---|
| Number of Shares | 2,95,00,000 |
| Face Value | ₹1 |
| Issue Price | ₹2.80 (₹1 + ₹1.80 premium) |
| Basis of Issue | Preferential (Warrant Conversion) |
| Distinctive Numbers | 191500001 to 221000000 |
| Trading Start Date | September 29, 2026 |
Lock-in Periods for Allottees
The NSE listing letter specified lock-in periods for the allotted shares, which vary slightly by tranche but generally extend until March 31, 2027. The table below summarizes the lock-in details provided in Annexure I:
| No. of Shares | Distinctive Numbers Range | Lock-in Expiry |
|---|---|---|
| 56,00,000 | 191500001 - 197100000 | March 31, 2027 |
| 24,50,000 | 197100001 - 199550000 | March 31, 2027 |
| 24,50,000 | 199550001 - 202000000 | March 31, 2027 |
| 40,00,000 | 202000001 - 206000000 | March 30, 2027 |
| 75,00,000 | 206000001 - 213500000 | March 31, 2027 |
| 75,00,000 | 213500001 - 221000000 | March 31, 2027 |
| Total | 2,95,00,000 |
Regulatory Compliance and Approvals
BSE Limited issued its trading approval via Letter No. LOD/PREF/VJ/403/2026-27 dated September 28, 2026. Similarly, NSE Limited confirmed the listing through Letter No. NSE/LIST/57523 on the same date. Both exchanges directed the company to ensure all critical price-sensitive information is submitted through their respective electronic filing systems.
The Chairman and Managing Director, Vijay Kothari, signed the intimation to the exchanges, confirming that copies of the approval letters were enclosed for record purposes. The shares are now listed and admitted to dealings on both exchanges in accordance with the terms specified in the approval letters.
Historical Stock Returns for Viji Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.95% | +7.27% | +13.39% | +509.47% | +472.60% | 0.0% |
How will the dilution from 2.95 crore new shares impact Viji Finance's earnings per share and book value in upcoming quarters?
What specific capital deployment plans does management have for the ₹8.26 crore raised through this preferential allotment?
Could the lock-in expiry in March 2027 create significant selling pressure on the stock price given the non-promoter holding structure?
































