Veefin Solutions Ltd — Important, 15-09-2025: Company Update

The company's board has approved increasing its Authorised Share Capital from Rs. 25 Cr to Rs. 30 Cr. This decision supports a preferential issue of 12.99 lakh equity shares to non-promoter investors at Rs. 390 per share, raising approximately Rs. 50.69 Cr. Additionally, the board approved issuing 11.12 lakh convertible warrants to promoter and non-promoter shareholders at Rs. 390 each, totaling around Rs. 43.40 Cr. Warrant holders will pay Rs. 97.5 upfront and can convert them into equity shares within 18 months by paying the balance Rs. 292.5. This capital infusion will strengthen the company's financial position.