Increase in Authorised Share Capital
Price
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Veefin Solutions Ltd has received shareholder approval to increase its authorised share capital from Rs. 25 crore (25 crore equity shares of Rs. 10 each) to Rs. 30 crore (30 crore equity shares of Rs. 10 each). This creates room for an additional 50 lakh equity shares. The approval was granted at a members' meeting held on October 13, 2025. The new shares will rank equally with existing equity shares. This is a procedural step that gives the company flexibility to issue more shares in the future if needed.
An increase in authorised capital alone does not dilute existing shareholders — it merely raises the ceiling for potential future share issuance. Investors should watch for follow-up announcements detailing any planned bonus, rights issue, or fresh fundraising, which would be the next concrete step.