VIJI FINANCE LIMITED's Preferential Allotment Committee has approved the allotment of 3.04 crore equity shares.

These shares, with a face value of ₹1 each, were issued at ₹2.80 per share (including a premium of ₹1.80) to 9 non-promoter warrant holders.

The company received ₹6.38 crore from these conversions, as the holders paid the balance 75% of the issue price.

This increases the company's paid-up capital from ₹14.25 crore to ₹17.29 crore.

A balance of 5.81 crore warrants remains outstanding, eligible for future conversion.