Veefin Solutions promoter creates pledge on 9.64% shares

Pledge Above 50pctPromoter Below 50pctOwnership Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹268.90

prior close

₹273.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+0.6% vs market

IT Enabled Services peers, median of 78sector+0.2%+1.7% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.7 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+0.9

15m

+1.4

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+1.3+0.6+0.2+1.7

Next day

+3.4-0.2+3.6-0.5+3.9

+1.2+0.1+1.1-0.3+1.4

-2.2-1.5-0.7-1.2-0.9

-2.2-0.5-1.7-2.9+0.7

-6.3-0.8-5.5-2.3-4.0

-7.1-2.0-5.1-3.5-3.6

15d

-14.5-3.4-11.1-3.4-11.1

-21.9-9.9-12.0-9.2-12.7

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 78Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Raja Debnath, promoter of Veefin Solutions, pledged 25.69 lakh shares (9.64% of capital) on Sept 18, 2026 to Axis Trustee Services. This is collateral for Rs 45 crore NCD issued by step-down subsidiary Nityo Tech. Post-pledge, 26.67% of capital is encumbered, covering 80.14% of his personal holding. Total promoter pledge now at 95.26% of promoter shares.

Likely market impact

High promoter pledge at 95.26% of promoter shares raises margin call risk. Pledge is for group subsidiary NCD, not direct company debt.