
Shareholding21 Oct 2026, 12:22 pm
Veefin Solutions: Promoter Raja Debnath Revises Share Pledge Disclosure
AI Summary
Veefin Solutions Limited has received revised disclosures from promoter Raja Debnath regarding the creation of an encumbrance (pledge) on his shares. The revised disclosure, submitted on October 19, 2026, complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The pledge, created on September 18, 2026, involves 25,69,171 shares, representing 9.64% of the total share capital, and serves as collateral for debt availed by the company. This action impacts Raja Debnath's direct holding to 17.03% and his overall promoter holding to 26.67%. The total promoter shareholding in Veefin Solutions is 34.73%, with 95.26% of this promoter holding being encumbered.
Key Highlights
- Promoter Raja Debnath revised share pledge disclosure for Veefin Solutions.
- Pledge created on 25,69,171 shares (9.64% of total capital).
- Shares pledged as collateral for company debt.
- Raja Debnath's direct holding reduced to 17.03%.
- 95.26% of promoter shareholding is now encumbered.
Price Impact
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