Description

4,20,000 equity shares of Veefin Solutions Limited issued at Rs. 267.50 to promoters on preferential basis pursuant to warrant conversion, listed with effect from October 29, 2025.

Summary

BSE has announced the listing of 4,20,000 new equity shares of Veefin Solutions Limited (Scrip Code: 543931) with effect from Wednesday, October 29, 2025. These shares were issued to promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 267.50 per share (face value Rs. 10 with premium of Rs. 257.50). The shares rank pari-passu with existing equity shares and are subject to lock-in periods.

Key Points

  • Company: Veefin Solutions Limited
  • Scrip Code: 543931
  • ISIN: INE0Q0M01015
  • Number of Shares: 4,20,000 equity shares
  • Face Value: Rs. 10 per share
  • Issue Price: Rs. 267.50 per share (including premium of Rs. 257.50)
  • Allotment Basis: Preferential allotment to promoters pursuant to warrant conversion
  • Date of Allotment: August 7, 2025
  • Trading Commencement: October 29, 2025
  • Distinctive Numbers: 23973408 to 24393407
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notice for new securities issued pursuant to warrant conversion.

Compliance Requirements

  • Trading members are informed to note the listing of new securities for trading operations
  • The securities are subject to lock-in restrictions as detailed below
  • No additional compliance actions required from market participants

Important Dates

  • Date of Allotment: August 7, 2025
  • Trading Commencement: October 29, 2025
  • Lock-in Expiry:
    • 44,800 shares (Dist. Nos. 23973408-24018207): April 30, 2027
    • 3,75,200 shares (Dist. Nos. 24018208-24393407): April 29, 2027

Impact Assessment

Market Impact: Low. This is a routine listing of shares issued on preferential basis to promoters from warrant conversion. The quantum of 4,20,000 shares represents a relatively small addition to the equity base.

Liquidity Impact: Minimal immediate impact on liquidity as all shares are subject to lock-in periods extending until April 2027.

Investor Consideration: The preferential allotment to promoters at Rs. 267.50 per share indicates promoter confidence. Investors should note the lock-in restrictions prevent immediate sale by promoters.

Operational Impact: Trading members should update their systems to reflect the increased share capital and new distinctive number ranges.

Impact Justification

Routine listing of new equity shares issued to promoters on preferential basis from warrant conversion with standard lock-in requirements