Vani Commercials Limited , a company primarily engaged in housing finance, has announced a series of strategic decisions aimed at expanding its business scope and capital base. The company's board, in a meeting held on October 24, 2025, approved several key proposals that signal a significant shift in its operational focus and financial structure.

Preferential Issue and Capital Expansion

The board has given the green light for a preferential issue of 32,241,667 equity shares at Rs 12.00 per share, including a premium of Rs 2.00. This move is expected to raise approximately Rs 386.90 crore from non-promoter investors. The issue price was determined based on a valuation report by Mr. Abhinav Rajvanshi, a registered valuer.

In conjunction with this, Vani Commercials plans to increase its authorized share capital from Rs 13.05 crore to Rs 50.00 crore. This substantial increase in capital base is subject to shareholder approval at the forthcoming Extraordinary General Meeting (EGM) scheduled for November 21, 2025.

Diversification into Fintech and Financial Services

In a significant strategic shift, Vani Commercials is set to expand its business scope beyond its traditional housing finance operations. The board has approved alterations to the company's Memorandum of Association (MOA) to include a wide range of financial technology and services. The new business areas include:

1. Financial technology and digital payment solutions
2. Payment aggregator and gateway services
3. Technology-enabled financial services
4. Expanded lending and financing activities
5. Management of financial and stressed assets
6. Insurance intermediary services
7. Distribution and facilitation of various financial products

This diversification represents a major pivot for the company, potentially transforming it from a focused housing finance company to a broad-based financial services provider.

Corporate Governance and Compliance Updates

The board has also taken steps to update its corporate governance structure in line with current regulations:

1. Adoption of a new Memorandum of Association (MOA) compliant with the Companies Act, 2013
2. Approval of a new set of Articles of Association (AOA)
3. Appointment of Mr. Devender Singh as the scrutinizer for the e-voting process

Upcoming Extraordinary General Meeting

An EGM has been scheduled for November 21, 2025, at 12:00 Noon, to be held via video conferencing. Shareholders will vote on these proposals, with e-voting set to commence on November 18, 2025, and conclude on November 20, 2025.

These developments indicate that Vani Commercials is positioning itself for significant growth and diversification in the financial services sector. The success of these initiatives will depend on shareholder approval and the company's ability to execute its expanded business model effectively in a competitive market landscape.

Vani Commercials Limited has seen an increase in shareholding by Boolean Ventura Private Limited through a significant open market acquisition. The transaction, which took place on September 19, 2025, saw Boolean Ventura acquire an additional 65,000 shares of Vani Commercials.

Stake Increase Details

The recent acquisition represents a 0.55% increase in Boolean Ventura's voting rights in Vani Commercials. This move has elevated Boolean Ventura's total shareholding from 10.475% to 11.025% of the company's equity. It's worth noting that Boolean Ventura is not classified as part of Vani Commercials' promoter group.

Company Overview

Vani Commercials Limited, listed on the BSE Limited, maintains its equity share capital at 11,740,620 shares. The company's stock is traded under the ISIN INE661Q01017.

Transaction Breakdown

Regulatory Compliance

In compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Boolean Ventura Private Limited has duly reported this transaction. The disclosure, dated September 22, 2025, provides a detailed breakdown of the shareholding before and after the acquisition.

This strategic move by Boolean Ventura Private Limited demonstrates continued interest in Vani Commercials Limited, potentially signaling confidence in the company's future prospects.