Veefin Solutions Ltd — Important, 30-09-2025: Company Update
30-09-2025 | 08:32 pm
30-09-2025 | 08:32 pm
Veefin Solutions' Board approved a revised Scheme of Amalgamation, merging its subsidiaries GlobeTF Solutions (GSL) and Estorifi Solutions (ESL) with the parent. This aims to consolidate businesses, broaden product offerings (trade finance software, embedded finance, digital lending), and enhance operational synergies. The scheme involves issuing VSL shares to GSL and ESL shareholders (2,731 VSL for 10 GSL; 7,673 VSL for 10 ESL) and cancelling 21 lakh VSL promoter shares. Post-merger, promoter holding in VSL will be 39%. For Q1 FY26, VSL's assets stood at ₹244.58 Cr with a turnover of ₹10.31 Cr.
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