VEEFIN SOLUTIONS LIMITED announced a private placement to issue 420,000 warrants at an issue price of INR 66.875 for the gross proceeds of INR 28,087,500 and 1,436,800 shares at an issue price of INR 267.50 for the gross proceeds of INR 384,344,000; aggregate gross proceeds of INR 412,431,500 on January 25, 2024. The transaction will include participation from new investors Gautam Udani 44,800 Convertible Warrants, Raja Debnath 375,200 Convertible Warrants, India Equity Fund 1 224,000 Equity shares, Aniruddha Taparia 37,600 Equity shares, New Vernon Financial Sector Fund LP 224,000 Equity shares, Kavin Yogesh Vora 18,400 Equity shares, Neeta Deepak Vora 18,400 Equity shares, Intellect Fincap Advisors Pvt Ltd 37,600 Equity shares, Riyaz Noshir Marfatia 37,600 Equity shares, Deha Mehta 18,400 Equity shares, Aryan Khan 56,000 Equity shares, Shreeji Capital And Finance Ltd 37,600 Equity shares, Denis Desai Huf 37,600 Equity shares, Usha Bhat/ Ullal Bhat 187,200 Equity shares, Sudhir Bheda 28,000 Equity shares, Mulesh Savla HUF 28,000 Equity shares, Kanti Rambhia 18,400 Equity shares, Alka Rambhia 18,400 Equity shares, D Prakash Devi 9,600 Equity shares, Divyashri Ravichandran 36,800 Equity shares, Kavita Jain 40,000 Equity shares, Rekha Gunavanth Kumar 37,600 Equity shares, Divya Gupta 28,800 Equity shares, Pinky Akashkumar 9,600 Equity shares, Tanaisha Devang Vyas 24,000 Equity shares, Lumos Advisors Llp 9,600 Equity shares, V M Finserve And Asset Management 9,600 Equity shares, Lenin Krishnamoorthy Balamanikandan 8,000 Equity shares, Dinesh Babu Mohana 8,000 Equity shares, Preeti Gupta 8,000 Equity shares, Anupama Tyagi 8,000 Equity shares, Shanmuganathan Karuppiah 7,200 Equity shares, Sudha Thiyagarajan 9,600 Equity shares, Sunil Kumar Samdaria 9,600 Equity shares, Pooja Tatia 9,600 Equity shares, Panna Gunchandra Mehta 19,200 Equity shares, Lenin Krishnamurthy 8,000 Equity shares, Ravinderreddy Mittapelly 8,000 Equity shares, N Praveen Kumar 24,000 Equity shares, Mithalal Nirmal Kumar 9,600 Equity shares, Hirachand Padma Jain 4,800 Equity shares, Rishab Intermediates Pvt Ltd 4,800 Equity shares, Vimal Kumar Srisrimal 4,800 Equity shares, Bharat Kumar 4,800 Equity shares, Nagarjun Karupakala Ravindra 9,600 Equity shares, Vikas Kumar Gadiya 4,800 Equity shares, Manoj Amlokchand Gadiya 4,800 Equity shares, Savitha 19,200 Equity shares and Jigar P Shah HUF 9,600 Equity shares. The transaction has been approved by the shareholders of the company.