Veefin Solutions Limited has disclosed to BSE Limited that arbitration proceedings have been initiated by certain shareholders and promoters of Epikindifi Software and Solutions Private Limited, a subsidiary of Estorifi Solutions Limited and a step-down subsidiary of Veefin Solutions Limited. The disclosure was made on May 04, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as a voluntary business update. Based on the company's current assessment, the proceedings have no material impact on its business operations.

Background of the Dispute

The arbitration proceedings relate to certain contractual disputes arising under Epikindifi Software and Solutions Private Limited's Shareholders' Agreement dated 13 February 2025. The proceedings have been initiated by certain shareholders and promoters of Epikindifi, which forms part of the Veefin Solutions group structure as a step-down subsidiary.

Key details of the matter are summarised below:

Current Status and Company's Position

As per the disclosure, the matter is at a preliminary stage, currently involving interim relief and the appointment of an arbitrator. No adverse order has been passed to date. Veefin Solutions has stated that it disputes the claims and is actively contesting the proceedings. The company is also taking appropriate actions and other proceedings to protect its rights, and further updates will be provided as required under applicable law.

Regulatory Disclosure

The disclosure was signed by Urja Harsh Thakkar, Company Secretary and Compliance Officer (ACS 42925) of Veefin Solutions Limited, on May 04, 2026. The communication was addressed to the Corporate Relationship Department of BSE Limited in compliance with the applicable regulatory framework.

Veefin Solutions Limited has submitted its quarterly compliance certificate to BSE Limited, confirming adherence to SEBI regulations for the quarter ended March 31, 2026. The filing demonstrates the company's commitment to maintaining regulatory compliance in its share transfer and depositories operations.

Regulatory Compliance Status

The company filed its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 10, 2026. This regulation, which replaced the erstwhile Regulation 54 of SEBI (Depository and Participant) Regulations, 1996, requires companies to report on the status of their share dematerialisation processes.

Certificate Details

Veefin Solutions Limited confirmed that Regulation 74(5) is not applicable to the company for Q4 FY26. The primary reason cited is that the entire shareholding of the company remains in dematerialised form. Additionally, the company stated that no requests were received from shareholders for either rematerialisation or dematerialisation during the quarter.

The certificate was signed by Urja Thakkar, Company Secretary & Compliance Officer (ACS 42925), and digitally authenticated on April 10, 2026. The submission was made to BSE Limited's Corporate Relationship Department at Phiroze Jeejeebhoy Towers, Mumbai.

Registrar Confirmation

Bigshare Services Pvt. Ltd., serving as the company's registrar and transfer agent, independently confirmed the compliance status through a separate certificate dated April 06, 2026. The registrar's confirmation aligns with the company's filing, stating that all shares remain in demat form with no rematerialisation requests received during the quarter.

The dual confirmation from both the company and its registrar provides additional assurance of the accuracy of the compliance reporting. This systematic approach demonstrates robust internal controls and coordination between the company and its service providers in maintaining regulatory compliance.