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Veefin Solutions LtdImportant, 11-06-2026: Company Update

11-06-2026 | 07:56 pm

Veefin Solutions is moving forward with its scheme to merge its two subsidiaries, GlobeTF Solutions and Estorifi Solutions, into the parent company. This strategic consolidation aims to boost operational efficiency, expand the product portfolio, and unlock greater value for shareholders by leveraging combined assets and streamlining management. As part of the scheme, Veefin will issue 2,731 shares for every 10 GlobeTF shares and 7,673 shares for every 10 Estorifi shares. This also involves a reduction in promoter shareholding to rationalize Veefin's capital structure. Secured creditors will meet to consider and approve this scheme, which is deemed beneficial for all stakeholders.

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