Corporate News
Veefin Solutions Limited increased the aggregate number of employee stock options from 38 lakh to 48 lakh under the Veefin – Employee Stock Option Plan, 2023, and approved enhancements to limits under various sections of the Companies Act, 2013, including a maximum of INR 500 crore for loans, guarantees, and securities, and another INR 500 crore for borrowing limits, all subject to shareholder approval at the company’s Annual General Meeting. The Board also approved the sale of shares in White Rivers Media Solutions Private Limited held by Nityo Tech Private Limited to Infini Systems Limited, pending member approval, and noted a fine of INR 5,900 levied by the BSE for a delay in disclosing related-party transactions due to a technical error.