Veefin Solutions' Board has approved the allotment of 420,000 new equity shares.

These shares, with a face value of ₹10 each, were issued at ₹267.50 per share, resulting from the conversion of previously issued convertible warrants.

The company received the balance 75% payment for these conversions, totaling ₹8.43 crore.

This move completes the warrant conversion process, adding to the company's equity base and bringing in capital from these strategic investments.