Board Meeting11 Jun 2026, 08:01 pm
Veefin Solutions Creditors Meeting for Merger Scheme
AI Summary
Veefin Solutions Ltd has announced a meeting of its secured creditors on July 17, 2026, to approve a Scheme of Arrangement and Amalgamation. This merger involves GlobeTF Solutions Ltd and Estorifi Solutions Ltd being absorbed into Veefin Solutions Ltd, as directed by the National Company Law Tribunal (NCLT), Mumbai Bench. The meeting will be conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), with remote e-voting available from June 30 to July 16, 2026. The notice and explanatory statement regarding the scheme, including valuation reports and fairness opinions, have been dispatched to creditors and uploaded on the company's website.
Key Highlights
- Secured creditors meeting scheduled for July 17, 2026, to approve merger scheme.
- Merger involves GlobeTF Solutions and Estorifi Solutions with Veefin Solutions.
- Meeting convened as per NCLT directions under Sections 230-232 of Companies Act.
- Remote e-voting facility available from June 30 to July 16, 2026.
- Scheme details, valuation, and fairness opinion documents are available.
Price Impact
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