Veefin Solutions Ltd — Others, 05-08-2025: Others

Veefin Solutions' Board has in-principle approved the consolidation of its two subsidiaries, Estorifi Solutions Limited (ESL) and GlobeTF Solutions Limited (GTF). ESL develops embedded finance solutions, while GTF specializes in trade finance and cash management software. This strategic integration aims to leverage combined product offerings, generate operational synergies, and strengthen the company's competitive position. The consolidation is expected to support the expansion of Supply Chain Finance products, driving sales growth and enhancing overall profitability for shareholders. The proposed consolidation is subject to requisite approvals.