Veefin Solutions Limited

CIN: L72900MH2020PLC347893

Date: 13th May, 2026

To,

BSE Limited

The Corporate Relationship Department

Phiroze Jeejeebhoy Towers,

1st Floor, Dalal Street

Mumbai – 400 001

Ref: Scrip Code: 543931

ISIN: INE0Q0M01015

Sub: Outcome of the meeting of Board of Directors pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Ma’am,

With reference to the captioned subject, we wish to inform that the Board of Directors of the Company in its meeting held today, i.e. on May 13, 2026, have inter-alia considered and approved the following:

Audited Financial results for the financial year ended March 31, 2026. In this regard, please find enclosed:

Audited Standalone & Consolidated Financial results of the Company for the quarter and financial year ended March 31, 2026 along with Auditor’s Report in respect of the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026.

We would like to state that A D V & Associates, Statutory Auditors of the Company, have issued audit reports with unmodified opinion on the Statement. Declaration enclosed herewith.

The meeting commenced at 02.30 P.M. and concluded at 04.45 P.M. This is for your information and records.

Thanking you,

For VEEFIN SOLUTIONS LIMITED

URJA HARSH THAKKAR

Digitally signed by URJA HARSH THAKKAR
DN: c13b, c141a, b1c4
C.S.A.DS (COSMOSCOP 2015) D.N.013000817433
D.ANDTAARTUNDEPATRASODENMOH142178121
CNS (www.Consor.INDUST) or (INS)Auditing
Award function: AAD142104303400100100104
T1313334440001130001001000000001134414
AN015200, c/o URJA HARSH THAKKAR
Date: 2026.03.13 10:46:04 +02:50

URJA HARSH THAKKAR
COMPANY SECRETARY & COMPLIANCE OFFICER
(ACS 42925)

Global One 252, 2nd Floor, LBS Marg Kurla West, Mumbai 400070

P: +91 9004917712 E: [email protected]

A D V & ASSOCIATES CHARTERED ACCOUNTANTS

CA INDIA

807, Metroplex, 14 B Wing
Malad west, Offlink Road
Mindspace complex,
Mumbai – 400064
Tel : 9029059911
Email : [email protected]

Independent Auditor’s Report on Standalone Financial Results of Veefin Solutions Limited for Quarter and Year ended March 31, 2026, -pursuant to the Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 as amended.

To
The Board of Directors,
Veefin Solutions Limited

Opinion

We have audited the accompanying Standalone Financial Results of Veefin Solutions Limited (“the Company”) for the quarter and year ended March 31, 2026 (the "Statement"), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

i. is presented in accordance with the requirements of Regulation 33 of the Listing Regulations and

ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Accounting Standards ('AS') and other accounting principles generally accepted in India, of the net profit and other financial information of the Company for the quarter and for the year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs') specified under section 143(10) of the Companies Act, 2013 ('the Act'). Our responsibilities under those standards are further described in the 'Auditor's Responsibilities for the Audit of the Statement' section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the Financial Statements for the year ended March 31, 2026 under the provisions of the Act and the rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion.

Responsibilities of Management and Board of Directors for the Statement

This Statement, which is the responsibility of the Company's Management and the Board of Director's and approved by the Board of Director's, has been prepared on the basis of standalone financial statements. The Company's Board of Directors are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other financial information of the Company in accordance with the accounting principles generally accepted in India, including AS prescribed under Section 133 of the Act, read with relevant rules issued there under and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that gives a true and fair view and is free from material misstatement, whether due to fraud or error.

In preparing the Statement, the Management and Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Statement

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs', of the Act, will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Statement.

As part of an audit in accordance with the SAs', we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Company has in place adequate internal financial controls with reference to Financial Statements and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
Conclude on the appropriateness of the Management's and Board of Directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

A D V & ASSOCIATES CHARTERED ACCOUNTANTS

CA INDIA

807, Metroplex, 14 B Wing
Malad west, Offlink Road
Mindspace complex,
Mumbai – 400064
Tel : 9029059911
Email : [email protected]

The figures of the last quarter are the balancing figures between audited figures for the full financial year and unaudited published year to date figures up to the third quarter of the respective financial year which were subjected to limited review by us.

For A D V & ASSOCIATES
Chartered Accountants
FRN: 128045W

RESHMA
S
NANKANI

Digitally signed by RESHMAN
Date: 2024.05.13
17:02:11 +05'05'

CA Reshma Nankani
Partner
M.No: 121838
UDIN:26121838AXJONB3293
Place: Mumbai
Date: May 13, 2026

| Veefin Solutions Limited
Add: Global One, 2nd Floor, Office 1, CTS No. 252 1, Opp. SBI, LBS Marg, Kurla(W), Mumbai, Maharashtra, India, 400070
CIN: L72900MH2020PLC347893 | | | | |
| --- | --- | --- | --- | --- |
| AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026 | | | | |
| (Rs. in lakhs) Unless otherwise specified | | | | |
| Particulars | Quarter ended | | Year ended | |
| | March 31, 2026 | December 31, 2025 | March 31, 2026 | March 31, 2025 |
| | (Audited)
(Refer Note 2) | (Unaudited) | (Audited) | (Audited) |
| Incomes | | | | |
| Revenue from Operations | 2,416.72 | 2,018.58 | 7,073.69 | 3,731.92 |
| Other Incomes | 149.30 | 94.38 | 358.23 | 48.63 |
| Total Income | 2,566.02 | 2,112.96 | 7,431.92 | 3,780.55 |
| Expenses | | | | |
| Cost for Earning Revenue* | 86.10 | 40.13 | 228.05 | 109.64 |
| Employee Benefits Expenses | 250.54 | 224.69 | 940.66 | 769.13 |
| Finance Costs | 206.74 | 193.44 | 663.88 | 121.57 |
| Depreciation & Amortization Expense | 400.33 | 168.41 | 888.38 | 231.34 |
| Other Expenses | 701.19 | 577.40 | 2,093.35 | 1,143.70 |
| Total Expenses | 1,644.90 | 1,204.07 | 4,814.32 | 2,375.38 |
| Profit before Exceptional & Extraordinary items and Tax | 921.12 | 908.89 | 2,617.60 | 1,405.17 |
| Exceptional Items | - | - | - | - |
| Profit before Extraordinary items and Tax | 921.12 | 908.89 | 2,617.60 | 1,405.17 |
| Extraordinary items | - | - | - | - |
| Profit before Tax | 921.12 | 908.89 | 2,617.60 | 1,405.17 |
| Tax Expense | | | | |
| Current Tax | - | - | - | - |
| Deferred Tax Expenses | 345.53 | 308.40 | 797.22 | 290.13 |
| Profit for the period | 575.59 | 600.49 | 1,820.38 | 1,115.04 |
| Paid up Equity Share Capital (Face value of Rs. 10 each) | 2,544.04 | 2,527.73 | 2,544.04 | 2,274.90 |
| Reserves & Surplus | - | - | 21,595.37 | 12,942.48 |
| Earning per share (EPS): | | | | |
| Basic (in Rs.) | 2.28 | 2.49 | 7.54 | 4.93 |
| Diluted (in Rs.) | 2.05 | 2.37 | 7.04 | 4.51 |
| * Cost for earning revenue includes software & server cost and software resource outsource cost.

Note 1: The Company was required to publish quarterly financial results for the first time for the quarter ended December 31, 2025. Accordingly, quarterly financial results for the quarter ended March 31, 2025, were not applicable and comparative figures for the said quarter have therefore not been presented.

Note 2: The figures for the quarter ended March 31, 2026, represent the balancing figures between the audited figures for the full financial year and the unaudited published year-to-date figures up to the quarter ended December 31, 2025, which were subjected to limited review by the statutory auditors of the Company.

For and on behalf of Board of Directors
Veefin Solutions Limited
CIN: L72900MH2020PLC347893

Raja Debnath
Managing Director
DIN: 07658567 | | | | |

| Veefin Solutions Limited
Add: Global One, 2nd Floor, Office 1, CTS No. 252 1, Opp. SBI, LBS Marg, Kurla(W), Mumbai, Maharashtra, India, 400070
CIN :L72900MH2020PLC347893 | | |
| --- | --- | --- |
| AUDITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT MARCH 31, 2026 | | |
| (Rs. in lakhs) Unless otherwise specified | | |
| Particulars | March 31, 2026
(Audited) | March 31, 2025
(Audited) |
| Equity & Liabilities | | |
| Shareholders funds: | | |
| Share Capital | 2,544.04 | 2,274.90 |
| Reserves and Surplus | 21,595.37 | 12,942.48 |
| Money received against Share Warrants | 1,087.78 | 280.88 |
| Non-Current liabilities: | | |
| Long-Term Borrowings | 1,890.72 | 2,360.57 |
| Deferred Tax Liabilities | 1,416.30 | 619.08 |
| Long Term Provisions | 273.84 | 180.29 |
| Current Liabilities: | | |
| Short Term Borrowings | 2,909.72 | 447.91 |
| Trade Payables: | | |
| (i)Total Outstanding Dues of Micro & Small Enterprises | 26.12 | 5.56 |
| (ii)Total Outstanding Dues of Creditors Other Than Micro & Small Enterprises | 1,960.09 | 206.02 |
| Other Current Liabilities | 2,680.46 | 445.87 |
| Short Term Provisions | 28.33 | 16.30 |
| Total Equity & Liabilities | 36,412.77 | 19,779.86 |
| Assets | | |
| Non-Current Assets: | | |
| Property, Plant & Equipment and Intangible Assets: | | |
| (i) Property, Plant & Equipment | 275.73 | 245.46 |
| (ii) Intangible Assets | 26,148.71 | 15,497.39 |
| Non-Current Investments | 827.24 | 438.74 |
| Long Term Loans & Advances | 5,892.88 | 117.33 |
| Other Non-Current Assets | 315.46 | 224.33 |
| Current Assets: | | |
| Trade Receivables | 2,047.82 | 1,798.46 |
| Cash and Bank balances | 151.68 | 666.74 |
| Short Term Loans and Advances | 28.27 | 59.87 |
| Other Current Assets | 724.98 | 731.54 |
| Total Assets | 36,412.77 | 19,779.86 |
| For and on behalf of Board of Directors
Veefin Solutions Limited
CIN :L72900MH2020PLC347893

Place: Mumbai
Date: May 13, 2026

Raja Debnath
Managing Director
DIN: 07658567 | | |

Place: Mumbai
Date: May 13, 2026

For and on behalf of the Board of Directors
Veefin Solutions Limited
CIN :L72900MH2020PLC347893

Raja Debnath
Managing Director
DIN: 07658567

Veefin Solutions Limited

Add: Global One, 2nd Floor, Office 1, CTS No. 252 1, Opp. 5BI, L85 Marg, Kurla(W), Mumbai, Maharashtra, India, 400070

CIN:172900MH2020PLC347893

NOTES TO AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026

The above audited standalone financial results of Veefin Solutions Limited ("The Company"), for the Quarter and Year ended March 31, 2026, have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 13, 2026.

The above audited standalone financial results of The Company are prepared in accordance with the recognition and measurement principles laid down in Accounting Standards, as prescribed under section 133 of The Companies Act, 2013 as amended and other recognised accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The audited standalone financial results for the Quarter and Year ended March 31, 2026, have been reviewed by Statutory Auditors of The Company.

During the current year, The Board approved a Scheme of Arrangement involving the merger of its subsidiaries, Estorifi Solutions Limited and GlobeTF Solutions Limited (together referred to as the "Transferor Companies"), with Veefin Solutions Limited ("Transferee Company"). The Scheme also includes the reduction and cancellation of 21,00,000 equity shares forming part of the existing paid-up equity share capital of The Company, held by identified promoter shareholders, at nil consideration. The appointed date of the merger has been proposed as April 1, 2026. The Company has received No Objection Certificate from BSE Limited on April 1, 2026, vide No Observation Letter bearing reference no. DCS/AMAL/RD/R37/004/2026-2027 in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company has filed an application with the National Company Law Tribunal ("NCLT") and the matter has been heard and reserved for orders on May 7, 2026. The Scheme is subject to approval of the shareholders, creditors, NCLT, and other regulatory authorities. Pending such approvals, no impact of the proposed Scheme has been considered in the current financial results.
During the current year, The Company converted 4,20,000 convertible share warrants into equity shares on August 7, 2025, pursuant to the exercise of the conversion option by the promoters in accordance with the terms of issue approved by the shareholders at the Extraordinary General Meeting held on February 22, 2024. Each share warrant was convertible into one fully paid-up equity share of face value Rs. 10 at a conversion price of Rs. 267.50 per share, determined in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Out of the total issue price, 25% was received at the time of allotment of warrants and the balance 75% was received upon conversion. Accordingly, the warrant application money earlier shown under "Other Equity - Money received against share warrants" has been appropriately transferred to Equity Share Capital and Securities Premium upon conversion.
During the current year, The Company has availed a secured term loan facility aggregating to Rs. 25 crore. The term loan carries a coupon rate of 13.50% per annum. Corporate / personal guarantees have been provided by the subsidiaries, White Rivers Media Solutions Private Limited and FE Ventures Private Limited, along with the promoter of The Company, in respect of the said term loan. The loan is secured by a pari-passu charge over all present and future movable assets of the borrowing entity and the guarantors.
During the current year, The Company issued and allotted 11,46,010 equity shares at an issue price of Rs. 391 per share (including a premium of Rs. 381 per share), pursuant to the approval of the Board of Directors as follows:

The allotment was made in the following tranches:

Tranche 1: 5,31,279 equity shares were allotted at the Board Meeting held on December 15, 2025.
Tranche 2: 6,14,731 equity shares were allotted at the Board Meeting held on December 24, 2025.

The equity shares allotted under both tranches rank pari passu in all respects, including dividend and voting rights, with the existing equity shares of The Company.

The Government of India has notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health, and Working Conditions Code, 2020 ("Labour Codes") with effect from November 21, 2025, which consolidates 29 existing labour laws. The Labour Codes, amongst other things introduce changes, including a uniform definition of wages and enhanced benefits relating to leave. The Ministry of Labour & Employment has issued draft Central Rules and FAQs to facilitate assessment of the financial impact arising from these regulatory changes. In accordance with the guidance issued by the Institute of Chartered Accountants of India and based on actuarial valuation, the Company has recognised Rs. 0.56 lakh as Statutory Impact of New Labour Code & towards additional gratuity liability, classified as past service cost, due to revised definition of wages under the Labour Codes.
During the current year, The Company issued 11,12,820 Convertible warrants on a preferential basis aggregating up to Rs. 4,351.13 Lakhs to the Promoters & Others in accordance with the provisions of the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Each share warrant entitles the holder to subscribe to one fully paid-up equity share of face value Rs. 10 each of The Company at an issue price of Rs. 391 per share (including premium of Rs. 381 per share). The issue price has been determined in accordance with the pricing provisions prescribed under Regulation 164 of SEBI (ICDR) Regulations, 2018.

An amount of 25% of the issue price amounting to Rs. 97.75 per warrant has been received at the time of allotment of share warrants. The balance 75% of the issue price is payable at the time of conversion of the warrants into equity shares.

The share warrants are convertible within a period of 18 months from the date of allotment. Upon exercise of the warrants, The Company shall allot equity shares to the warrant holders. In the event the warrants are not exercised within the stipulated period, the amount received upfront shall be forfeited in accordance with SEBI (ICDR) Regulations, 2018.

During the Quarter ended March 31, 2026, The Company has allotted 1,63,094 equity shares of Rs. 10 each pursuant to exercise of Stock Option by certain employees.
The Company publishes standalone financial statements alongwith the consolidated financial statements. In accordance with AS 17 - Segment Reporting, segment information has been disclosed in the consolidated financial statements. Accordingly, the segment information for the Quarter and Year ended March 31, 2026 forms part of the consolidated financial results of Veefin Solutions Limited and its subsidiaries.

Veefin Solutions Limited

Add: Global One, 2nd Floor, Office 1, CTS No. 252 1, Opp. SBI, LBS Marg, Kurla(W), Mumbai, Maharashtra, India, 400070
CIN :L72900MH2020PLC347893

NOTES TO AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026

As per MCA Notification dated February 16, 2015, Companies whose shares are listed on SME exchange as referred to in Chapter XB of SEBI (Issue of Capital and Disclosure Requirements) Regulation 2009, are exempted from the compulsory requirement of adoption of Ind AS.
Earning Per Share: EPS is calculated on the weighted average of the share capital received by The Company. Quarterly EPS are not annualised.
The figures of previous period have been re-grouped or re-arranged, wherever considered necessary.

A D V & ASSOCIATES

CHARTERED ACCOUNTANTS

INDIA

807, Metroplex, 14 B Wing

Malad west, Offlink Road

Mindspace complex,

Mumbai - 400064

Tel: 9029059911

Email: [email protected]

Independent Auditor’s Report on Consolidated Financial Results of Veefin Solutions Limited for Quarter and Year ended March 31, 2026, pursuant to the Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended.

The Board of Directors of

Veefin Solutions Limited

Opinion

We have audited the accompanying Consolidated Financial results of Veefin Solutions Limited (The parent Company), its subsidiaries (together referred to as “the group”) for the Quarter and Year ended March 31, 2026 (the "Statement"), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('the Listing Regulations')

In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of reports of the other auditors on separate audited financial Statement/financial results of the subsidiary, the statement:

i. Includes the results of the following entities: -

Name of the Entity	Nature
Veefin Solutions Limited	Parent
Estorifi Solutions Limited	Subsidiary
GlobeTF Solutions Limited	Subsidiary
Infini Systems Limited	Subsidiary
Veefin Capital Private Limited	Subsidiary
Veefin Solutions Limited (BG)	Subsidiary
Veefin Solutions FZCO	Subsidiary
Idvee Digital Labs Private Limited	Subsidiary
Finfuze Software Private Limited	Subsidiary
Chain Fintech Solutions Limited	Step Down Subsidiary (Wholly owned subsidiary of Infini Systems Limited )
Nityo Tech Private Limited	Step Down Subsidiary (Wholly owned subsidiary of Infini Systems Limited )
Regime Tax Solutions Private Limited	Step Down Subsidiary (Acquired Estorifi Solution Limited )
Epikindifi Software and Solutions Pvt Ltd	Step Down Subsidiary (Upto December 31, 2025)
White Rivers Media Solutions Private Limited	Step Down Subsidiary (Jointly Acquired by Infini and Nityo)
FE Ventures Private Limited	Step Down Subsidiary (Wholly owned subsidiary of White Rivers Media Solutions Private Limited)

ii. Are presented in accordance with the requirements of Regulation 33 of the Listing Regulations and;

iii. Gives a true and fair view in conformity with the applicable Accounting Standards ('AS') prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued there under, and other accounting principles generally accepted in India, of consolidated net profit and other financial information of the group for the quarter and year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs') specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of consolidated financial results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the Consolidated Financial Statements under the provisions of the Act and the rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter

We draw attention to Note 4. to the consolidated financial statements regarding the reassessment of control over Epikindifi Software & Solutions Private Limited ("Epikindifi").

As described in the said note, during the quarter ended March 31, 2026, disputes arose between Estorifi Solutions Limited ("Estorifi") and the promoters of Epikindifi in relation to governance and control rights under the applicable shareholders' agreement. Although Epikindifi had been considered a subsidiary of Estorifi based on such contractual rights, Estorifi was unable to exercise such rights in practice during the period under review, including due to lack of access to financial information and limitations in participation in governance processes.

Consequently, management of Veefin Solution Limited reassessed the position under Accounting Standard 21 and, for financial reporting purposes only and without prejudice to the rights and contentions of the respective parties in the ongoing dispute, Epikindifi has been consolidated up to December 31, 2025 and not consolidated thereafter, with the investment subsequently accounted for in accordance with Accounting Standard 13.

Our opinion is not modified in respect of this matter.

Other Matters:

i. We did not audit the Financial Statements of a foreign Subsidiaries included in the Consolidated Financial Statements; whose Financial Statements include total assets before consolidation of Rs. 99.36 Lakhs as at March 31, 2026, and total revenues before consolidation of Rs Nil for the year ended on that date. These Financial Statements have been audited by their respective auditors whose reports have been furnished to us and our opinion in so far as it relates to the amounts and disclosures includes in respect of these branches is based solely on the report of their respective auditors.

ii. We did not audit the Financial Statements of one Indian Subsidiary included in the Consolidated Financial Statements; whose Financial Statements include total assets (before consolidation adjustment) of Rs. 5,534.19 Lakhs as at March 31, 2026, and total revenues (before consolidation adjustment) of Rs 1,587.50 Lakhs and Rs, 5,610.04 Lakhs, net profit/(Loss) after tax (before consolidation adjustment) of Rs 759.24 Lakhs and Rs 780.98 Lakhs for the quarter and year ended March 31, 2026, respectively. These Financial Statements have been audited by their respective auditors whose reports have been furnished to us and our opinion in so far as it relates to the amounts and disclosures includes in respect of these branches is based solely on the report of their respective auditors.

iii. We did not audit the Financial Statements of one Indian Subsidiary included in the Consolidated Financial Statements (Consolidated upto December 31, 2025); whose Financial Statements include total assets (before consolidation adjustment) of Rs. 1,566.63 Lakhs as at December 31, 2025, and total revenues (before

consolidation adjustment) of Rs 1,478.41 Lakhs and Net Loss after tax (before consolidation adjustment) of Rs. 130.08 lakhs upto the period ended December 31, 2025, respectively. These Financial Statements have been audited by their respective auditors whose reports have been furnished to us and our opinion in so far as it relates to the amounts and disclosures includes in respect of these branches is based solely on the report of their respective auditors.

Responsibilities of Management and Those Charged with Governance for the Statement

This Statement has been prepared on the basis of the audited Consolidated Financial Statements for year ended March 31, 2026, of the parent and has been approved by the parents Board of Directors. The parents Board of Directors are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit/loss and other financial information of the group in accordance with the accounting principles generally accepted in India, including AS prescribed under Section 133 of the Act, read with relevant rules issued there under and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations.

The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the respective Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that gives a true and fair view and is free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the Statement by the board of Directors of the Parent, as aforesaid.

In preparing the Consolidated financial result, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the group or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are also responsible for overseeing the financial reporting process of the respective companies.

Auditor's Responsibilities for the Audit of the Statement

Our objectives are to obtain reasonable assurance about whether the consolidated financial Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs, will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Statement.

As part of an audit in accordance with the SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Company has in place adequate internal financial controls with reference to

Consolidated Financial Statements and the operating effectiveness of such controls.

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the board of directors.
Conclude on the appropriateness of the management's board of directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the group ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the group to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
Perform procedures in according issued by the SEBI under Regulation 33(8) of the Listing Regulations to the extent applicable.
Obtain sufficient appropriate audit evidence regarding the standalone/consolidated financial statements/financial results/financial information of the entities within the Group to express an opinion on the Statement. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Statement of which we are the independent auditors. For the other entities included in the Statement, which have been audited by the other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

For ADV & Associates
Chartered Accountants
FRN:128045W

RESHMA & COUNTRY SIGNIFICANCE
NANKANI
Thank you
Date: 2024.05.13
17:21:40 +02'00'

CA Reshma Nankani
Partner
M.No.:121838
UDIN: 26121838ARXLZJ5675
Place: Mumbai
Date: May 13, 2026

Veefin Solutions Limited Add: Global One, 2nd Floor, Office 1, CTS No. 252 1, Opp. SBI, LBS Marg, Kurla(W), Mumbai, Maharashtra, India, 400070 CIN: L72900MH2020PLC347893
AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026
(Rs. in lakhs) Unless otherwise specified
Particulars	Quarter Ended		Year Ended
	March 31, 2026	December 31, 2025	March 31, 2026	March 31, 2025
	(Audited) (Refer Note 2)	(Unaudited)	(Audited)	(Audited)
Incomes
Revenue from Operations	13,134.65	10,374.36	34,512.92	7,859.76
Other Incomes	526.48	63.34	715.80	184.61
Total Income	13,661.13	10,437.70	35,228.72	8,044.37
Expenses
Cost for Earning Revenue*	4,091.40	4,150.99	11,407.42	854.75
Employee Benefits Expenses	2,523.50	2,695.11	9,555.47	2,738.54
Finance Costs	397.32	428.64	1,192.28	68.84
Depreciation & Amortization Expense	640.27	444.77	1,820.40	509.99
Other Expenses	3,088.06	1,458.23	6,034.17	1,820.78
Total Expenses	10,740.55	9,177.74	30,009.74	5,992.90
Profit before Exceptional & Extraordinary items and Tax	2,920.58	1,259.96	5,218.98	2,051.47
Exceptional Items
Profit before Extraordinary items and Tax	2,920.58	1,259.96	5,218.98	2,051.47
Extraordinary items
Profit before Tax	2,920.58	1,259.96	5,218.98	2,051.47
Tax Expense
Current Tax	829.18	164.64	1,127.44	163.43
Earlier Year Tax	(7.52)	13.86	6.34	21.35
Deferred Tax Expenses	500.96	303.87	888.94	240.77
Profit for the period	1,597.96	777.59	3,196.26	1,625.92
Profit for the period attributable to:
Minority Interest	746.39	67.88	917.77	287.59
Shareholders of the company	851.57	709.71	2,278.49	1,338.33
Paid up Equity Share Capital (Face value of Rs. 10 each)	2,544.04	2,527.73	2,544.04	2,274.90
Reserves & Surplus			56,043.51	42,290.16
Earning per share (EPS):
Basic (in Rs.)	3.41	2.95	9.44	5.92
Diluted (in Rs.)	3.10	2.80	8.82	5.41
* Cost for earning revenue includes software & server cost and software resource outsource cost. Note 1: The Company was required to publish quarterly financial results for the first time for the quarter ended December 31, 2025. Accordingly, quarterly financial results for the quarter ended March 31, 2025, were not applicable and comparative figures for the said quarter have therefore not been presented. Note 2: The figures for the quarter ended March 31, 2026, represent the balancing figures between the audited figures for the full financial year and the unaudited published year-to-date figures up to the quarter ended December 31, 2025, which were subjected to limited review by the statutory auditors of the Company. For and on behalf of Board of Directors Veefin Solutions Limited CIN: L72900MH2020PLC347893 Place: Mumbai Date: May 13, 2026 Raja Debnath Managing Director DIN: 07658567

Raja Debnath
Managing Director
DIN: 07658567

Place: Mumbai
Date: May 13, 2026 | | |

For and on behalf of Board of Directors
Veefin Solutions Limited
CIN: L72900MH2020PLC347893

Add: Global One, 2nd Floor, Office 1, CTS No. 252 1, Opp. SBI, LBS Marg, Kurla(W), Mumbai, Maharashtra, India, 400070

CIN: L72900MH2020PLC347893

NOTES TO AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026

The above audited consolidated financial results of Veefin Solutions Limited ("the Holding Company" or "The Company"), and its subsidiaries (the Holding Company along with subsidiaries together referred to as "the Group") for the Quarter and Year ended March 31, 2026, have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 13, 2026.

The above audited consolidated financial results of the Group are prepared in accordance with the recognition and measurement principles laid down in Accounting Standards, as prescribed under section 133 of the Companies Act, 2013, as amended and other recognised accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The audited consolidated financial results for the Quarter and Year ended March 31, 2026, have been reviewed by Statutory Auditors of The Company.

During the current year, The Board approved a Scheme of Arrangement involving the merger of its subsidiaries, Estorifi Solutions Limited and GlobeTF Solutions Limited (together referred to as the "Transferor Companies"), with Veefin Solutions Limited ("Transferee Company"). The Scheme also includes the reduction and cancellation of 21,00,000 equity shares forming part of the existing paid-up equity share capital of The Company, held by identified promoter shareholders, at nil consideration. The appointed date of the merger has been proposed as April 1, 2026. The Company has received No Objection Certificate from BSE Limited on April 1, 2026, vide No Observation Letter bearing reference no. DCS/AMAL/RD/R37/004/2026-2027 in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company has filed an application with the National Company Law Tribunal ("NCLT") and the matter has been heard and reserved for orders on May 7, 2026. The Scheme is subject to approval of the shareholders, creditors, NCLT, and other regulatory authorities. Pending such approvals, no impact of the proposed Scheme has been considered in the current financial results.
During the current year, The Company converted 4,20,000 convertible share warrants into equity shares on August 7, 2025, pursuant to the exercise of the conversion option by the promoters in accordance with the terms of issue approved by the shareholders at the Extraordinary General Meeting held on February 22, 2024. Each share warrant was convertible into one fully paid-up equity share of face value Rs. 10 at a conversion price of Rs. 267.50 per share, determined in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Out of the total issue price, 25% was received at the time of allotment of warrants and the balance 75% was received upon conversion. Accordingly, the warrant application money earlier shown under "Other Equity – Money received against share warrants" has been appropriately transferred to Equity Share Capital and Securities Premium upon conversion.
During the Quarter Ended March 31, 2026, a dispute arose between Estorifi Solutions Limited ("Estorifi") and the promoters of Epikindifi Software & Solutions Private Limited ("Epikindifi") in relation to Estorifi's governance and control rights under the applicable shareholders' agreement. Epikindifi has been considered a subsidiary of Estorifi based on such contractual rights, which Estorifi continues to assert; however, during the period under review, Estorifi has not been able to exercise its control in practice, including (a) lack of access to financial and management information, (b) non-participation of the promoters/management of Epikindifi in board and governance processes initiated by Estorifi's nominee directors, (c) non-compliance with information and governance requests made by Estorifi. In view of the above and due to lack of effective control over Epikindifi, management of Veefin Solution Limited ("Veefin") has reassessed the position under Accounting Standard 21, and for financial reporting purposes only and without prejudice to Veefin's and Estorifi's rights and contentions in the ongoing dispute, Epikindifi has been consolidated up to December 31, 2025 and not consolidated thereafter, with the investment accounted for in accordance with Accounting Standard 13.

Brief particulars of the entity deconsolidated are given as under (Before Consolidation adjustment) -:

(Rs. in lakhs)

Sr. No.	Particulars	Three months ended December 31, 2025.	Year to date period ended December 31, 2025.	Previous year ended March 31, 2025
a.	Revenue from Operations	317.01	1,458.23	1,973.31
b.	Total Income	319.68	1,474.07	2,012.65
c.	Total Expenses	557.83	1,604.15	1,688.68
d.	Profit/(Loss) before Tax	(238.16)	(130.08)	323.97
e.	Tax Expenses	-	-	85.45
f.	Profit/(Loss) after Tax	(238.16)	(130.08)	238.52
g.	Total Assets	1,504.93	1,504.93	1,095.43
h.	Total Liabilities	678.18	678.18	638.60
i.	Impact of Deconsolidation	-	109.98	-

During the current year, The Company has availed a secured term loan facility aggregating to Rs. 25 crore. The term loan carries a coupon rate of 13.50% per annum. Corporate / personal guarantees have been provided by the subsidiaries, White Rivers Media Solutions Private Limited and FE Ventures Private Limited, along with the promoter of The Company, in respect of the said term loan. The loan is secured by a pari-passu charge over all present and future movable assets of the borrowing entity and the guarantors.
During the current year, The Company issued and allotted 11,46,010 equity shares at an issue price of Rs. 391 per share (including a premium of Rs. 381 per share), pursuant to the approval of the Board of Directors as follows:

The allotment was made in the following tranches:

Tranche 1: 5,31,279 equity shares were allotted at the Board Meeting held on December 15, 2025.
Tranche 2: 6,14,731 equity shares were allotted at the Board Meeting held on December 24, 2025.

The equity shares allotted under both tranches rank pari passu in all respects, including dividend and voting rights, with the existing equity shares in The Company.

Add: Global One, 2nd Floor, Office 1, CTS No. 252 1, Opp. SBI, LBS Marg, Kurla(W), Mumbai, Maharashtra, India, 400070

NOTES TO AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026

During the current year, The Company issued 11,12,820 Convertible warrants on a preferential basis aggregating up to Rs. 4,351.13 Lakhs to the Promoters & Others in accordance with the provisions of the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Each share warrant entitles the holder to subscribe to one fully paid-up equity share of face value Rs. 10 each of The Company at an issue price of Rs. 391 per share (including premium of Rs. 381 per share). The issue price has been determined in accordance with the pricing provisions prescribed under Regulation 164 of SEBI (ICDR) Regulations, 2018.

The Government of India has notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health, and Working Conditions Code, 2020 ("Labour Codes") with effect from November 21, 2025, which consolidates 29 existing labour laws. The Labour Codes, amongst other things introduce changes, including a uniform definition of wages and enhanced benefits relating to leave. The Ministry of Labour & Employment has issued draft Central Rules and FAQs to facilitate assessment of the financial impact arising from these regulatory changes. In accordance with the guidance issued by the Institute of Chartered Accountants of India and based on actuarial valuation, the Company has recognised Rs. 1.24 lakh as Statutory Impact of New Labour Code & towards additional gratuity liability, classified as past service cost, due to revised definition of wages under the Labour Codes.
During the Quarter ended March 31, 2026, The Company has allotted 1,63,094 equity shares respectively of Rs. 10 each pursuant to exercise of Stock Option by certain employees.
As per MCA Notification dated February 16, 2015, Companies whose shares are listed on SME exchange as referred to in Chapter XB of SEBI (Issue of Capital and Disclosure Requirements) Regulation 2009, are exempted from the compulsory requirement of adoption of Ind AS.
Earning Per Share: EPS is calculated on the weighted average of the share capital received by The Company. Quarterly EPS are not annualised.
The figures of previous period have been re-grouped or re-arranged, wherever considered necessary.

Veefin Solutions Limited Add: Global One, 2nd Floor, Office 1, CTS No. 252 1, Opp. SBI, LBS Marg, Kurla(W), Mumbai, Maharashtra, India, 400070 CIN :L72900MH2020PLC347893
AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026
Segment Reporting
(Rs. in lakhs) Unless otherwise specified
Particulars	Quarter Ended		Year ended
	March 31, 2026	December 31, 2025	March 31, 2026	March 31, 2025
	(Audited)	(Unaudited)	(Audited)	(Audited)
Segment Revenue
a)Product	3,822.70	3,455.89	12,068.22	4,609.85
b)Services	9,311.95	6,918.47	22,444.70	3,249.91
Sub-total	13,134.65	10,374.36	34,512.92	7,859.76
Less: Inter Segment	-	-	-	-
Total	13,134.65	10,374.36	34,512.92	7,859.76
Segment Result
a)Product	968.11	1,296.35	3,038.91	1,366.76
b)Services	1,823.31	328.91	2,656.55	568.94
Sub-total	2,791.42	1,625.26	5,695.46	1,935.70
Less: Inter Segment	-	-	-	-
Total	2,791.42	1,625.26	5,695.46	1,935.70
Less:
i)Finance Cost	(397.32)	(428.64)	(1,192.28)	(68.84)
ii)Other unallocable income	526.48	63.34	715.80	184.61
Profit Before tax	2,920.58	1,259.96	5,218.98	2,051.47
Segment Assets
a)Product	39,700.68	34,506.77	39,700.68	26,731.28
b)Services	21,347.96	17,787.85	21,347.96	2,032.35
c)Unallocated	39,440.23	42,923.47	39,440.23	23,412.78
Total Assets	1,00,488.87	95,218.09	1,00,488.87	52,176.41
Segment Liabilities
a)Product	5,869.01	4,584.21	5,869.01	2,416.28
b)Services	7,916.11	5,880.40	7,916.11	772.09
c)Unallocated	14,825.57	15,071.57	14,825.57	2,115.29
Total Liabilities	28,610.69	25,536.18	28,610.69	5,303.66
For and on behalf of Board of Directors Veefin Solutions Limited CIN: L72900MH2020PLC347893 Kaja Debnath Managing Director DIN: 07658567

Date: 13th May, 2026

To,

BSE Limited

The Corporate Relationship Department

Phiroze Jeejeebhoy Towers,

1st Floor, Dalal Street

Mumbai – 400 001

Ref: Scrip Code: 543931

ISIN: INE0Q0M01015

DECLARATION

Sub: Declaration pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and amendments thereof

Dear Sir/Ma’am,

We hereby declare that the Statutory Auditors of the Company M/s ADV & Associates, Chartered Accountants, (FRN: 128045W) have issued the Audit Report(s) with unmodified opinion on the Audited Standalone and Consolidated Financial Results for the financial year ended 31st March, 2026.

The Declaration is issued in compliance with Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and amendments thereof.

Kindly take the same on your records.

Yours sincerely,

For VEEFIN SOLUTIONS LIMITED

GAUTAM UDANI

WHOLE TIME DIRECTOR

DIN - 03081749

Global One 252, 2nd Floor, LBS Marg Kurla West, Mumbai 400070

P: +91 9004917712 E: [email protected]

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VEEFIN SOLUTIONS LIMITED — Interim / Quarterly Report 2026

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Veefin Solutions Limited

Veefin Solutions Limited

NOTES TO AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026

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