ALPHA TRIBE

Veefin Solutions LtdImportant, 14-10-2025: Company Update

14-10-2025 | 05:09 pm

VEEFIN SOLUTIONS LIMITED has approved a preferential issue of 12,99,857 equity shares to non-promoter investors at Rs. 391 each, aggregating to approximately Rs. 50.82 Cr. The company also approved issuing up to 11,12,820 convertible warrants at Rs. 391 each to promoter and non-promoter shareholders, potentially raising approximately Rs. 43.51 Cr upon full conversion. Warrant holders will pay Rs. 97.75 upfront and can convert them into equity shares within 18 months by paying the balance Rs. 293.25. This capital raise aims to strengthen the company's financial position and support its operations.

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