VeeFin Solutions Limited has filed a regulatory disclosure under SEBI LODR Regulation 30, announcing the onboarding of RR Kabel to its PSB Xchange dealer financing program. The press release, submitted to BSE Limited on April 10, 2026, details the expansion of the unified working capital finance platform.

Regulatory Filing Details

The company submitted the disclosure to BSE Limited with scrip code 543931, signed by Company Secretary and Compliance Officer Urja Thakkar. The filing pertains to the press release titled "PSB Xchange Onboards RR Kabel for Dealer Financing Program," highlighting the platform's expansion into structured working capital financing.

Partnership Announcement

PSB Xchange, described as India's unified working capital finance platform, has onboarded RR Kabel to enable a dealer financing program. The initiative aims to strengthen liquidity across RR Kabel's distribution ecosystem by providing structured working capital access to its dealer network through standardized digital financing infrastructure.

RR Kabel, recognized for producing electrical wiring solutions for residential, commercial, and industrial applications, maintains an AA- credit rating. The partnership enables the company to provide structured working capital financing for its dealer network, supporting improved liquidity and faster credit access.

Platform Ecosystem Expansion

PSB Xchange operates as a collaborative ecosystem connecting corporates, fintech partners, and lenders through unified digital infrastructure. The platform enables standardized onboarding, program discovery, and seamless integration between originators and lenders, creating a scalable foundation for working capital financing programs across industries.

The initiative aligns with expanding formal credit access across large corporate ecosystems. By embedding financing within corporate distribution networks, PSB Xchange enables lenders to underwrite dealers based on transaction-level visibility and anchor relationships, improving credit quality while accelerating disbursement timelines.

Strategic Impact

The onboarding represents continued expansion of PSB Xchange's corporate ecosystem while enabling lenders to access structured dealer financing opportunities through single infrastructure layer. This approach reduces fragmentation across the ecosystem and enables faster deployment of financing programs at scale.

For RR Kabel, the program is expected to strengthen dealer liquidity, improve inventory cycles, and support business growth across markets. The collaborative model enables faster program launches, reduces integration complexity, and enhances overall efficiency in credit delivery.

Veefin Solutions Limited has announced a strategic leadership appointment to strengthen its South Asia operations. The company has appointed Mr. Anil Kukreja as Business Head-South Asia, marking a significant step in its regional expansion strategy.

Leadership Appointment Details

Professional Background and Expertise

Mr. Kukreja brings over two decades of comprehensive experience in the BFSI (Banking, Financial Services, and Insurance) sector. His expertise spans multiple critical areas including payments, digital transformation, and enterprise technology sales across India and the broader South Asia region.

His professional journey includes leadership positions at several reputed organizations:

• Euronet: Where he gained significant experience in financial technology solutions
• M2P Fintech: Contributing to fintech innovation and market expansion
• Kyndryl: Leading enterprise technology initiatives

Strategic Impact and Responsibilities

Throughout his career, Mr. Kukreja has demonstrated exceptional capabilities in managing marquee banking relationships and leading large-scale strategic engagements. He is recognized for his ability to build high-impact partnerships and expand market presence within the competitive fintech landscape.

Key Strengths:

• Building strategic partnerships in the BFSI sector
• Expanding market presence across South Asia
• Driving sustained growth in digital banking ecosystems
• Managing large-scale enterprise engagements
• Leading digital transformation initiatives

Growth Strategy and Regional Focus

The appointment aligns with Veefin Solutions' strategic objectives to strengthen its regional footprint in South Asia. The company expects Mr. Kukreja's leadership to play a key role in accelerating the next phase of growth within the digital banking and fintech ecosystem. His extensive experience in the region positions him well to identify new opportunities and drive business expansion across key markets in South Asia.