Viji Finance Limited submitted a regulatory disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, specifically under sub-clause 7 of Para A of Part A of Schedule III, regarding the appointment of two additional directors.

The Board of Directors meeting was held on June 24, 2026, commencing at 3:30 PM and concluding at 4:30 PM.

Appointment of Mrs. Sejal Riddhesh Shah

  • Role: Appointed as Additional Director under the category of Non-Executive Non-Independent Director
  • Effective Date: June 24, 2026
  • Term: To hold office up to the date of ensuing AGM or within three months from appointment date, whichever is earlier
  • DIN: 11269204
  • Date of Birth: November 9, 1973
  • Age: 52 years
  • Education: Graduate in Commerce
  • Experience: Over ten years of experience in insurance sector with expertise in health insurance advisory, customer relationship management, and business development. Has extensive knowledge of regulatory compliance, stakeholder engagement, and strategic planning.
  • Other Directorships: Holds one directorship at Panchsheel Organics Limited
  • Relationship with Directors: Related to the Managing Director (sister of his spouse)
  • Regulatory Status: Confirmed not debarred from accessing capital market by SEBI or any other authority

Appointment of Mr. Prakash Muksiya

  • Role: Appointed as Additional Director under the category of Non-Executive Independent Director
  • Effective Date: June 24, 2026
  • Term: 5 years (June 24, 2026 to June 23, 2031), subject to shareholder approval in ensuing AGM or within three months from appointment date, whichever is earlier
  • DIN: 11786103
  • Date of Birth: May 29, 1981
  • Age: 45 years
  • Education: Graduate in Commerce
  • Experience: Over 15 years of experience in management of co-operative societies with expertise in customer relationship management, marketing, and business development
  • Other Directorships: None
  • Relationship with Directors: No relationship with any director of the Company
  • Regulatory Status: Confirmed not debarred from accessing capital market by SEBI or any other authority

Governance Process

Both appointments were made upon recommendations of the Nomination and Remuneration Committee and are subject to approval by shareholders of the Company. The disclosure references SEBI Circulars dated July 13, 2023 (SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123), December 31, 2024 (SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185), and the SEBI Master Circular dated January 30, 2026 (HO/49/14/14(7)2025-CFD-POD2/I/3762/2026).

The information will be available on the company website at www.vijifinance.com and will be submitted in XBRL mode within the prescribed time limit.