Veefin Solutions Limited has established the schedule for a postal ballot process to seek shareholder approval for migrating its equity shares from the SME Platform of BSE Limited to the Main Board of BSE Limited and for a direct listing on the Main Board of the National Stock Exchange of India Limited (NSE). The transition aims to enhance liquidity, visibility, and investor participation for the company's securities. The company's Board of Directors approved these proposals during a meeting held on June 16, 2026.

The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility. Shareholders whose names appear in the Register of Members or Record of Depositories as of the close of business hours on Friday, June 12, 2026, are eligible to vote. The voting period commences at 9:00 AM IST on Monday, June 22, 2026, and concludes at 5:00 PM IST on Tuesday, July 21, 2026.

Key Approvals

The Board of Directors sanctioned the following proposals for shareholder consideration:

• Migration of listing and trading of equity shares from BSE SME Platform to BSE Main Board.
• Direct listing of equity shares on the NSE Main Board.
• Notice of postal ballot to seek member approval for the aforementioned migration and listing.

E-voting and Procedural Details

The resolutions will be decided through a postal ballot conducted exclusively via remote e-voting. Physical copies of the notice are not being dispatched. Mr. Maharshi Ganatra of M/s. Maharshi Ganatra and Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to ensure the process is conducted fairly and transparently.

The results of the postal ballot will be announced not later than two working days after the conclusion of the e-voting period. The resolutions require approval as a Special Resolution. Pursuant to Regulation 277 of the SEBI (ICDR) Regulations, 2018, the special resolution shall be acted upon only if the votes cast by shareholders other than promoters in favor of the proposal amount to at least two times the number of votes cast by shareholders other than promoter shareholders against the proposal.

Veefin Solutions Limited has scheduled meetings of its shareholders and creditors on July 16 and July 17, 2026, to consider and approve a scheme of arrangement for the merger of GlobeTF Solutions Limited and Estorifi Solutions Limited with the company. The meetings, convened pursuant to an order dated May 13, 2026, from the National Company Law Tribunal (NCLT), Mumbai Bench, will be held through video conferencing or other audio-visual means (VC/OAVM). The primary objective of the scheme is to consolidate the businesses of the subsidiaries, GlobeTF Solutions and Estorifi Solutions, with Veefin Solutions to enhance operational efficiencies and achieve business synergies.

The merger scheme, approved by the respective boards of the three entities on September 30, 2025, involves the amalgamation of GlobeTF Solutions and Estorifi Solutions into Veefin Solutions. As part of the arrangement, shareholders of the transferor companies will receive equity shares of Veefin Solutions based on a share exchange ratio. For every 10 fully paid-up equity shares of GlobeTF Solutions, shareholders will receive 2,731 equity shares of Veefin Solutions, while for every 10 shares of Estorifi Solutions, shareholders will receive 7,673 equity shares of Veefin Solutions. The appointed date for the merger is April 1, 2026.

The meetings of shareholders and creditors are procedural requirements under Sections 230 to 232 of the Companies Act, 2013, to secure the necessary approvals for the scheme. Mr. Venkata Subbarao Hari has been appointed as the Chairperson for the meetings, and Mr. Ashwini Gupta, a Practicing Company Secretary, will serve as the Scrutinizer. The facility for remote e-voting will be available to members and creditors from June 29, 2026, at 10:00 AM IST until July 16, 2026, at 5:00 PM IST. Only shareholders and creditors recorded in the company's records as of May 15, 2026, and March 31, 2026, respectively, are eligible to vote.

The Board of Directors of Veefin Solutions has stated that the scheme is not prejudicial to the interests of the creditors, shareholders, or employees. The merger is expected to result in a broader product portfolio, cost savings through the elimination of managerial overlaps, and improved cash management efficiency. The scheme is also subject to the final sanction of the NCLT and other regulatory approvals. BSE Limited has already issued a no-objection letter dated April 1, 2026, regarding the proposed arrangement.

Key Meeting Details