Description

420,000 equity shares of Veefin Solutions Limited issued at premium to promoters on preferential basis pursuant to warrant conversion, listed with effect from October 29, 2025.

Summary

BSE has announced the listing of 420,000 equity shares of Veefin Solutions Limited (Scrip Code: 543931) issued to promoters on a preferential basis pursuant to warrant conversion. The shares are listed and permitted to trade with effect from Wednesday, October 29, 2025. The shares were issued at Rs. 267.50 per share (face value Rs. 10 plus premium of Rs. 257.50) and are subject to lock-in restrictions.

Key Points

  • 420,000 equity shares of Rs. 10 each issued at premium of Rs. 257.50
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • Trading commences from October 29, 2025
  • Distinctive numbers: 23973408 to 24393407
  • ISIN: INE0Q0M01015
  • Lock-in period applicable to all shares until April 2027

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed to note the listing of new securities
  • Lock-in restrictions must be observed as per SEBI regulations
  • No trading permitted in locked-in shares until respective lock-in expiry dates

Important Dates

  • Date of Allotment: August 7, 2025
  • Trading Commencement: October 29, 2025 (Wednesday)
  • Lock-in Expiry:
    • 44,800 shares (Dist. Nos. 23973408-24018207): April 30, 2027
    • 375,200 shares (Dist. Nos. 24018208-24393407): April 29, 2027

Impact Assessment

This is a routine listing notification with minimal market impact. The preferential allotment represents a relatively small number of shares issued to promoters following warrant conversion. The lock-in period of approximately 18 months ensures these shares cannot be traded immediately, preventing any sudden supply increase in the market. Impact is limited to Veefin Solutions Limited shareholders and does not affect broader market operations or trading mechanisms.

Impact Justification

Routine listing of preferential allotment shares from warrant conversion for a single company, limited market-wide impact