Veefin Solutions Ltd — Important, 15-09-2025: Company Update
15-09-2025 | 08:58 pm
15-09-2025 | 08:58 pm
The company's board has approved a significant capital raise and expansion of its authorized share capital. They plan to increase authorized capital from Rs. 25 Crore to Rs. 30 Crore, pending shareholder approval. The board also approved issuing 12.99 lakh equity shares at Rs. 390 each to non-promoters, totaling about Rs. 50.69 Crore. Additionally, 11.12 lakh convertible warrants will be issued at Rs. 390 each to promoters and non-promoters, aiming to raise approximately Rs. 43.40 Crore. These moves will inject around Rs. 94.09 Crore into the company, strengthening its financial position for future growth, pending shareholder approval.
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