Veefin Solutions Ltd — Important, 30-09-2025: Company Update

Veefin Solutions Limited's Board has approved a revised Scheme of Arrangement and Amalgamation to merge its subsidiaries, GlobeTF Solutions (GSL) and Estorifi Solutions (ESL), into VSL. This aims to consolidate businesses, broaden product offerings, and streamline operations. VSL, with total assets of INR 244.58 Cr and turnover of INR 10.31 Cr, will issue 2,731 shares for every 10 GSL shares and 7,673 shares for every 10 ESL shares to their respective shareholders. Additionally, 21 lakh VSL promoter shares will be cancelled at no cost. Post-merger, promoter shareholding in VSL will increase from 34.52% to 39%.