Shareholding21 Oct 2026, 12:19 pm
Veefin Solutions: Gautam Udani Files Revised Promoter Disclosure
AI Summary
Veefin Solutions Ltd has received revised disclosures from promoter Gautam Udani regarding the creation of encumbrance (pledge) on his shares. The updated filing, submitted on October 19, 2026, complies with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure includes revised Annexure I detailing the lender for the pledged shares and Annexure II explaining the reasons for the encumbrance. The pledge, created on September 9, 2026, serves as collateral for debt availed by the company. Gautam Udani's promoter holding is 5.03% of the total share capital, with 2.73% of his shares now encumbered.
Key Highlights
- Promoter Gautam Udani filed revised SEBI takeover regulations disclosures.
- Disclosure pertains to creation of pledge on promoter shares.
- Pledge serves as collateral for company debt.
- Revised filing includes lender details and reasons for encumbrance.
- 2.73% of Gautam Udani's shares are now encumbered.
Price Impact
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