VEEFIN : STEP-DOWN SUBSIDIARIES TO MERGE VIA SHARE SWAP

• Nityo Tech Private Limited (transferor) to amalgamate into White Rivers Media Solutions Limited (transferee), both step-down subsidiaries of Veefin Solutions • No cash consideration; WRM to issue 1,975 equity shares of ₹10 face value for every 10 equity shares held in NTPL • NTPL reported turnover of ₹14.28 Cr and net worth of ₹35.10 Cr as on 30 June 2026 (unaudited) • WRM reported turnover of ₹57.05 Cr and net worth of ₹115.36 Cr as on 30 June 2026 (unaudited) • Scheme approved by boards of both companies on 22 October 2026; subject to Regional Director, shareholder and creditor approvals • No change in Veefin Solutions shareholding pattern as VSL is not a party to the scheme

Veefin Solutions Ltd

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