Veefin Solutions Promoters Pledge Shares for Debt

Veefin Solutions Ltd announced that its promoters, Gautam Udani and Raja Debnath, have created encumbrances on their shares. This disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details the creation of pledges on shares held by the promoters. The pledges were created on August 7, 2026, primarily as collateral for debt availed or to be availed by the company. Gautam Udani pledged 4,12,574 shares (1.55% of total capital), resulting in a post-event holding of 13,25,996 shares (4.98%). Raja Debnath pledged 15,66,458 shares (5.88% of total capital), leading to a post-event holding of 70,49,574 shares (26.45%). The reasons cited for the encumbrance include collateral for debt availed by the company.