Shareholding12 Sept 2026, 01:31 pm
Veefin Solutions Promoter Gautam Udani Encumbers 7.28 Lakh Shares
AI Summary
Veefin Solutions Ltd announced that promoter Gautam Udani has encumbered 7,28,767 shares, representing 2.73% of the total share capital. This encumbrance, created on September 9, 2026, is a pledge serving as collateral for debt availed by the company. The shares are pledged in favour of Axis Trustee Services Limited, a SEBI-registered debenture trustee and subsidiary of Axis Bank Limited. This disclosure is made in accordance with SEBI (SAST) Regulations, 2011. The total promoter shareholding in Veefin Solutions is 34.73%.
Key Highlights
- Promoter Gautam Udani encumbers 7,28,767 shares (2.73% of total capital).
- Encumbrance is a pledge for company debt collateral.
- Shares pledged to Axis Trustee Services Limited.
- Disclosure made under SEBI (SAST) Regulations, 2011.
- Total promoter shareholding stands at 34.73%.
Price Impact
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