Veefin Solutions Ltd — Important, 13-05-2026: Company Update

Veefin Solutions' scheme to merge its subsidiaries, GlobeTF Solutions and Estorifi Solutions, has been allowed by the NCLT. This merger aims to broaden Veefin's product portfolio, achieve business synergies, reduce operational overlaps, and simplify its corporate structure, ultimately enhancing shareholder value. Veefin will issue 2,731 shares for every 10 shares of GlobeTF and 7,673 shares for every 10 shares of Estorifi. The plan also includes a capital reduction in Veefin to rationalize its shareholding. Shareholder and creditor meetings will be convened within 75 days for further consideration and approval.