Viji Finance has allotted 1.45 Cr new equity shares at Rs. 2.80 each to four non-promoter warrant holders.

This conversion, resulting from them paying the balance 75% of the issue price, raised Rs. 3.045 Cr for the company.

This follows earlier conversions and means the company's paid-up capital has now increased from Rs. 19.15 Cr to Rs. 20.60 Cr.

Investors should note this capital infusion and the dilution from new shares, with 2.50 Cr warrants still pending conversion.