Veefin Solutions Increases ESOP Plan 2023 Share Pool by 10 Lakhs

Veefin Solutions Ltd announced an increase in the aggregate number of employee stock options and equity shares reserved under its 'Veefin - Employee Stock Option Plan 2023'. The shareholders approved this increase at the 6th Annual General Meeting held on September 29, 2026. The total number of options has been raised from 38,00,000 to 48,00,000 by creating an additional 10,00,000 options. These options are convertible into equity shares of face value Rs. 10 each. The exercise price will be determined by the Nomination and Remuneration Committee (NRC), not less than the face value and not more than the closing market price on the day prior to the grant. Vesting periods range from 12 to 72 months from the grant date.