Veefin Solutions Ltd — Important, 12-06-2026: Company Update
12-06-2026 | 05:07 pm
12-06-2026 | 05:07 pm
Veefin Solutions will hold a meeting for Unsecured Creditors on July 17, 2026, to approve a merger with its subsidiaries, GlobeTF Solutions and Estorifi Solutions, effective April 1, 2026. This consolidation aims to expand the product portfolio and enhance efficiency for improved financials and shareholder value. The Board approved the scheme, which includes issuing 2,731 VSL shares for every 10 GlobeTF shares and 7,673 VSL shares for every 10 Estorifi shares. A capital reduction for VSL's promoter shares is also planned. Unsecured creditors total 37.43 Cr for GlobeTF, 1.25 Cr for Estorifi, and 46.34 Cr for Veefin. BSE has given its no-objection, and the Board advocates approval by Unsecured Creditors.
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