Viji Finance Limited has announced that its Board of Directors will meet on March 24, 2026, to evaluate fundraising proposals. The company is considering issuing equity shares, convertible securities, or warrants through private or preferential allotments, subject to shareholder and regulatory approvals.
The Indore-based non-banking financial company has formally notified exchanges including BSE, NSE, and CSE about the upcoming meeting. The decision could mark a significant step in strengthening its capital base and expanding future operations.
Fundraising Proposal
The Board will deliberate on raising funds via equity shares, convertible securities, or warrants. The move is aimed at enhancing financial flexibility and supporting growth initiatives, with shareholder approval likely to be sought through an extraordinary general meeting or postal ballot.
Regulatory Compliance
The company has confirmed compliance with SEBI’s Listing Obligations and Disclosure Requirements. It also noted that the trading window for insiders will reopen 48 hours after the conclusion of the Board meeting, in line with SEBI’s insider trading regulations.
Key Highlights
-
Board meeting scheduled for March 24, 2026
-
Fundraising options include equity shares, convertible securities, or warrants
-
Shareholder approval to be sought via EGM or postal ballot
-
Trading window to reopen 48 hours post-meeting
Sources: Company filing with BSE, NSE, and CSE