Migration Approval Details
Veefin Solutions Limited has received final approval for migration of 2,55,39,417 (Two Crores Fifty Five Lakh Thirty Nine Thousand Four Hundred and Seventeen) equity shares of ₹10 each fully paid-up from the SME Platform of BSE Limited to the Mainboard of both BSE Limited and National Stock Exchange of India Limited (NSE).
Approval References:
- BSE approval: LO\Migration\P J\ TP\435\2026-27 dated November 09, 2026
- NSE approval: NSE/LIST/82 dated November 06, 2026
Effective Date: The equity shares will be listed and admitted to dealings on the Main Board of both BSE and NSE with effect from Wednesday, November 11, 2026.
Share Details and Lock-in Status
Total equity shares migrating: 2,55,39,417 shares of ₹10 each
Breakdown of share lock-in status:
- 23,973,407 shares (Distinctive Numbers 1 to 23973407) - Free trading
- 44,800 shares (Distinctive Numbers 23973408 to 24018207) - Locked in until April 30, 2027
- 375,200 shares (Distinctive Numbers 24018208 to 24393407) - Locked in until April 29, 2027
- 1,146,010 shares (Distinctive Numbers 24393408 to 25539417) - Free trading
Regulatory Compliance Requirements
With migration to mainboard, all provisions of SEBI (LODR) Regulations, 2015 become applicable, including corporate governance requirements. The company must:
- Submit corporate compliances through BSE's online Listing Centre (http://listing.bseindia.com)
- Submit all required filings through NSE's NEAPS system (https://neaps.nseindia.com/NEWLISTINGCORP/)
- Submit financial results in accordance with Regulation 33 of SEBI LODR
- Use symbol "VEEFIN" and series "EQ" in all future correspondence
Strategic Rationale
The company states this migration represents a significant milestone that will broaden shareholder base, attract diverse investors, improve share visibility and accessibility, reinforce market position, strengthen investor confidence, facilitate greater liquidity, and support sustainable value creation for stakeholders.