ALPHA TRIBE

Veefin Solutions LtdImportant, 24-12-2025: Company Update

24-12-2025 | 11:18 pm

The Board has approved a preferential allotment of 1,112,820 convertible warrants and 614,731 equity shares. For the warrants, priced at Rs. 391 each, the company received Rs. 10.88 Cr upfront (25% of issue price), with the balance due upon conversion within 18 months. An additional Rs. 24.04 Cr was received for the equity shares, also priced at Rs. 391 each. This capital infusion increases the company's paid-up equity share capital from Rs. 24.92 Cr to Rs. 25.54 Cr, strengthening the balance sheet.

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