Veefin Solutions Limited has announced the successful regularisation of appointments for two Non-Executive Independent Directors following shareholder approval through postal ballot voting. The company informed BSE Limited on January 20, 2026, regarding the completion of this corporate governance milestone.

Shareholder Approval and Appointment Details

The shareholders of Veefin Solutions Limited approved the regularisation of appointments through remote e-voting, with the postal ballot concluding on January 14, 2026. Both appointments are effective from January 14, 2026, for a term of five consecutive years.

Newly Appointed Directors

The company has regularised the appointments of two experienced professionals to strengthen its board composition:

Professional Background of Mr. Jimish Dedhia

Mr. Jimish Dedhia brings substantial finance expertise to the board with over 15 years of experience in debt syndication, project finance, and capital structuring. He holds an MBA in Finance from 2010 and has established a strong track record advising mid-sized businesses on funding strategy, risk assessment, and financial governance.

As a Partner at Abundance Capital Advisory, Mr. Dedhia has achieved significant milestones in the financing sector:

• Facilitated over ₹1,500 crore in debt funding
• Supported more than 30 developers
• Structured transactions ranging from ₹25-100 crore
• Expertise in construction finance, structured debt, and liquidity optimisation

His professional competencies include credit evaluation, financial modelling, and compliance, bringing strategic insights particularly valuable for technology-driven businesses in the fintech and supply chain finance space.

Professional Background of Mr. Amit Jain

Mr. Amit Jain is a Chartered Accountant and member of the Institute of Chartered Accountants of India, bringing over 30 years of extensive finance management experience. His professional journey includes more than 20 years specifically in the mutual fund industry, providing deep insights into financial markets and investment management.

His extensive experience and professional expertise are expected to contribute significantly towards fostering transparency, accountability, and ethical business practices within the company, thereby strengthening investor confidence and supporting long-term growth initiatives.

Independence and Governance

Both newly appointed directors maintain complete independence from the existing board structure. Neither Mr. Dedhia nor Mr. Jain has any relationships with current directors of the company, ensuring objective oversight and governance. The appointments align with SEBI regulations and strengthen the company's commitment to robust corporate governance practices.

The regularisation was completed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Veefin Solutions Limited has officially submitted its postal ballot results to BSE Limited under Regulation 44 of SEBI Listing Regulations, confirming overwhelming shareholder approval for two independent director appointments. The company announced the results on January 16, 2026, with both resolutions receiving 99.23% approval from voting shareholders.

Regulatory Submission and Compliance

The company submitted comprehensive documentation to BSE Limited including the scrutinizer's report and detailed voting results. The submission was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following the completion of the e-voting process on January 14, 2026.

Postal Ballot Results Summary

The e-voting process, conducted through NSDL's platform from December 16, 2025 to January 14, 2026, witnessed strong shareholder participation with decisive approval for both proposed appointments:

Approved Director Appointments

Resolution 1: Mr. Amit Futarmal Jain

Shareholders approved the regularisation of Mr. Amit Futarmal Jain as Non-Executive Independent Director with overwhelming support:

Resolution 2: Mr. Jimish Prakash Dedhia

The second resolution for Mr. Jimish Prakash Dedhia's appointment also received identical approval rates:

Mr. Dedhia, as Partner at Abundance Capital Advisory, has facilitated ₹1,500.00 crores in debt funding and supported 30 developers with structured transactions ranging from ₹25.00-100.00 crores.

Scrutinizer's Report and Validation

Mr. Maharshi Ganatra (Membership No. F11332) of M/s. Maharshi Ganatra & Associates, appointed as Scrutinizer, confirmed that both resolutions were passed with requisite majority. The scrutinizer's report validated the e-voting process as fair and transparent, with all regulatory requirements met.

The results were deemed effective from January 14, 2026, and have been uploaded on the company's website and NSDL's e-voting platform. Both directors have completed all regulatory requirements including registration with the Independent Directors databank and online proficiency assessments, strengthening the company's board governance structure.