ALPHA TRIBE

Veefin Solutions LtdImportant, 25-08-2026: Company Update

25-08-2026 | 11:25 pm

Veefin Solutions' subsidiary, Infini Systems (ISL), is selling its business unit to Nityo Tech (NTPL), a step-down subsidiary, for ₹30 crore cash. This internal transfer aims to consolidate service operations, boosting efficiency and streamlining the group structure. While ISL's transferred business contributed 2.58% of VSL's consolidated revenue (₹8.91 Cr) and 4.88% of net worth, this intra-group transaction has no financial impact on Veefin Solutions, maintaining shareholder value.

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