Veefin Solutions Approves 10 Lakh Additional ESOPs And ₹500 Crore Borrowing Limit

Board proposed expanding ESOP 2023 by 10 lakh options to 48 lakh and approved ₹500Cr limits for borrowings, guarantees, investments and security, subject to shareholder approval. The enlarged financing and guarantee framework supports subsidiary funding and expansion but increases financial flexibility alongside the group's leveraged structure. Potential dilution and leverage rise; consideration for the White Rivers share transfer and the specific use of ₹500Cr limits remain undisclosed. AGM approval is pending.