Description
Veefin Solutions Limited lists 4,20,000 equity shares issued at Rs. 267.50 per share on preferential basis pursuant to conversion of warrants, effective October 29, 2025.
Summary
BSE announces the listing of 4,20,000 equity shares of Veefin Solutions Limited (Scrip Code: 543931) effective Wednesday, October 29, 2025. These shares were issued at a premium of Rs. 257.50 per share (face value Rs. 10) to promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in periods until April 2027.
Key Points
- 4,20,000 equity shares of Rs. 10/- each listed on BSE
- Issue price: Rs. 267.50 per share (including premium of Rs. 257.50)
- Shares issued to promoters on preferential basis through warrant conversion
- Allotment date: August 7, 2025
- Trading commences: October 29, 2025
- Distinctive numbers: 23973408 to 24393407
- ISIN: INE0Q0M01015
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed that these securities are permitted to trade on the exchange from the effective date. Standard trading protocols apply.
Important Dates
- Allotment Date: August 7, 2025
- Trading Commencement: October 29, 2025
- Lock-in Expiry (44,800 shares): April 30, 2027
- Lock-in Expiry (375,200 shares): April 29, 2027
Lock-in Details
| Number of Shares | Distinctive Numbers | Lock-in Until |
|---|---|---|
| 44,800 | 23973408-24018207 | April 30, 2027 |
| 375,200 | 24018208-24393407 | April 29, 2027 |
Impact Assessment
Minimal market impact expected as this is a routine listing event involving promoter allotment with lock-in restrictions. The shares represent warrant conversion and are subject to approximately 18-month lock-in periods, preventing immediate trading by promoters. The issue represents standard corporate action for capital structure management.
Impact Justification
Routine listing of shares from warrant conversion to promoters with standard lock-in provisions. Limited market impact due to promoter allotment and lock-in restrictions.