FilingReader Intelligence

Veefin Solutions promoters pledge 23.6% stake for acquisition loan

July 11, 2025 at 05:19 AM UTC•By FilingReader AI

Veefin Solutions promoters Gautam Udani and Raja Debnath have pledged 23.6% of the company's total share capital as collateral for a term loan from Piramal Finance Limited.

The pledged shares are valued at INR 200 crore. The loan proceeds will be used to acquire shares in White Rivers Media Solutions Private Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 10, 2025 for Gautam Udani & Raja DebnathJuly 11, 2025 at 05:00 AM UTC

VEEFIN SOLUTIONS

BSE:VEEFIN•Bombay Stock Exchange

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