Veefin Solutions has announced a strategic partnership with CRIF, integrating CRIF's Strategy One Business Rule Engine (BRE) with VeeFin's no-code Digital Lending Stack. This collaboration aims to revolutionize the lending industry by combining robust decisioning capabilities with agile digital lending solutions.

Key Highlights of the Integration

• Streamlined Customer Onboarding: The integration enables automated workflows for faster and more efficient customer onboarding processes.
• Policy-Driven Underwriting: Lenders can implement configurable underwriting that aligns with their institutional risk frameworks.
• Scalable Digital Lending Operations: The combined solution allows for scaling across multiple products and customer segments.
• Faster Product Launches: Financial institutions can introduce new lending products more quickly while reducing operational and credit risks.

Benefits for the Financial Sector

The partnership between VeeFin and CRIF is set to benefit a wide range of financial institutions, including:

• Banks
• Non-Banking Financial Institutions (NBFCs)
• Fintechs
• Lending platforms

By leveraging VeeFin's AI-infused no-code stack and CRIF's advanced decisioning engine, these institutions can significantly reduce time-to-market, enhance compliance, and deliver seamless customer experiences throughout the lending lifecycle.

Corporate Restructuring

In addition to this technological advancement, VeeFin Solutions has also announced a significant corporate restructuring initiative. The company's Board of Directors has approved a Scheme of Arrangement and Amalgamation involving its subsidiaries:

1. GlobeTF Solutions Limited (GSL)
2. Estorifì Solutions Limited (ESL)

Both subsidiaries will be merged with VeeFin Solutions Limited, subject to necessary regulatory approvals.

Rationale for the Amalgamation

The merger is expected to bring several benefits:

• Broadening of product portfolio
• Achievement of overall business synergies
• Optimal utilization of resources and infrastructure
• Cost savings through reduced managerial overlaps
• Enhanced cash management efficiency
• Simplified corporate structure

Share Exchange Ratio

As part of the amalgamation, VeeFin Solutions will issue new shares to the shareholders of GSL and ESL (excluding shares held by VeeFin) in the following ratio:

• 2,731 VeeFin shares for every 10 GSL shares
• 7,673 VeeFin shares for every 10 ESL shares

Impact on Shareholding

Post-amalgamation, the shareholding structure of VeeFin Solutions is expected to change as follows:

The total number of equity shares is projected to increase from 2,56,93,264 to 3,64,06,343 after the scheme's implementation.

This strategic integration and corporate restructuring underscore VeeFin Solutions' commitment to building a future-ready lending ecosystem, empowering financial institutions to scale their operations with enhanced speed, precision, and confidence.

Veefin Solutions Limited (VSL), a provider of digital lending and supply chain finance technology solutions, has announced a significant corporate restructuring move. The company's Board of Directors has approved a revised scheme to merge its two subsidiaries, GlobeTF Solutions Limited (GSL) and Estorifi Solutions Limited (ESL), with the parent company. This strategic decision aims to consolidate business operations and enhance operational efficiency.

Key Aspects of the Revised Merger Scheme

Share Exchange Ratio

• For GlobeTF Solutions: 2,731 VSL shares for every 10 GSL shares
• For Estorifi Solutions: 7,673 VSL shares for every 10 ESL shares (corrected from previous typographical error)

Capital Reduction

The scheme includes the cancellation of 21.00 lakh equity shares held by identified promoter shareholders at nil consideration.

Shareholding Impact

• Post-merger, Veefin's promoter shareholding will increase from 34.52% to 39.00%
• Public shareholding will decrease from 65.48% to 61.00%

Appointed Date

The merger is set to take effect from April 1, 2026.

Synergies and Rationale

The merger brings together companies operating in complementary fintech sectors:

• GlobeTF Solutions: Specializes in trade finance software for banks and financial institutions
• Estorifi Solutions: Develops embedded finance solutions, integrating lending solutions into non-financial platforms
• Veefin Solutions: Provides digital lending and supply chain finance technology solutions

The consolidation is expected to yield several benefits:

• Business synergies and broadened product portfolio
• Optimal utilization of combined assets and infrastructure
• Reduced administrative costs and improved operational efficiency
• Enhanced cash flow management and deployment
• Simplified corporate structure and reduced regulatory compliance burden

Financial Snapshot (as of June 30, 2025)

Regulatory Approvals and Next Steps

The proposed merger scheme is subject to various approvals, including:

• BSE Limited
• National Company Law Tribunal
• Shareholders and creditors of the companies involved

Veefin Solutions has emphasized that the transaction is being conducted at arm's length, supported by valuation reports from independent registered valuers and a fairness opinion from a SEBI-registered merchant banker.

As the fintech landscape continues to evolve, this merger represents a strategic move by Veefin Solutions to strengthen its market position and create a more robust and integrated financial technology offering.

The revision of the scheme, particularly the correction of the share swap ratio for Estorifi Solutions, underscores the company's commitment to accuracy and transparency in its corporate actions. This adjustment will ensure that the post-scheme shareholding calculations are accurate, providing a clearer picture of the merged entity's ownership structure.