Acquisitions28 Nov 2025, 06:21 pm
Veefin Solutions Completes 36.56% Stake Acquisition in White Rivers Media
AI Summary
Veefin Solutions Ltd. has announced the completion of its acquisition of a 36.56% stake in White Rivers Media Solutions Private Limited through its subsidiaries, Infini Systems Limited and Nityo Infotech Private Limited. The acquisition, which includes 10.01% stake consisting of 1,482 shares, was completed on 28th November 2025. This acquisition marks the completion of the entire transaction, with Veefin Solutions maintaining majority control of the Board in White Rivers Media Solutions Private Limited. The cost of acquisition for the 10.01% stake was INR 37.30 crores.
Key Highlights
- Veefin Solutions Ltd. has completed the acquisition of a 36.56% stake in White Rivers Media Solutions Private Limited.
- The acquisition was made through Veefin's subsidiaries, Infini Systems Limited and Nityo Infotech Private Limited.
- The acquisition includes 10.01% stake consisting of 1,482 shares, with a cost of INR 37.30 crores.
- Veefin Solutions maintains majority control of the Board in White Rivers Media Solutions Private Limited.
- This acquisition marks the completion of the entire transaction.