BSECompany Update1 Nov 2026 · 1 Nov 2026, 06:46 pm
Details as per attached disclosure
Veefin Solutions Ltd · 543931
✦ AI Summary▼ NegativeRegulatory
Veefin Solutions Ltd has received a petition under Section 9 of the Insolvency and Bankruptcy Code from an operational creditor, Epikindifi Software and Solutions Private Limited, alleging a disputed claim of INR. 1,27,26,543. The company disputes the claim and will contest the petition.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment2/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Veefin Solutions Ltd - 543931 - Intimation Regarding Filing Of An Application Under Section 9 Of IBC Before The NCLT- Mumbai Bench By An Operational Creditor In Respect Of An Alleged And Disputed Claim.
Attachments (1)
📄pdf
Download →
14862f39-8100-407a-b8b4-84c189903389.pdf
View document text
Date: 01st Nov, 2026
BSE Limited
The Corporate Relationship Department
Phiroze Jeejeebhoy Towers,
1st Floor, Dalal Street
Mumbai – 400 001
Scrip Code: 543931
ISIN: INE0Q0M01015
Dear Sir/Ma’am,
Sub: Disclosure in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended (“Listing Regulations”)
Ref: Intimation regarding filing of an application under Section 9 of IBC before the NCLT- Mumbai Bench by an
operational creditor in respect of an alleged and disputed claim of INR. 1,27,26,543.
A petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) by Epikindifi Software
and Solutions Private Limited (a disputed step-down subsidiary of the Company) (“Epikindifi”), claiming to be an
operational creditor of the Company, before the National Company Law Tribunal - Mumbai Bench (“NCLT,
Mumbai”), alleging a claim of INR. 1,27,26,543/-, comprising alleged invoice of INR. 90,00,000 with GST of INR.
16,20,000/-and alleged interest of INR. 21,06,543/-, and seeking initiation of the Corporate Insolvency Resolution
Process (“CIRP”) against the Company.
The Company strongly disputes the alleged claim and considers the petition under Section 9 of the IBC to be
unsubstantiated and not maintainable. The Company has already issued a detailed notice of dispute in response to
the demand notice served by Epikindifi, expressly disputing the alleged claim.
The filing of the petition by Epikindifi appears to be an afterthought in the backdrop of the ongoing disputes
concerning Epikindifi, which are already the subject matter of ongoing arbitration proceedings, and raises questions
as to the bona fides of the alleged claim.
The Company will take all necessary and appropriate steps to protect its and its stakeholders interests, and contest
the petition.
The Company will disclose further material developments. Kindly take the above on record.
Thanking you,
For VEEFIN SOLUTIONS LIMITED
GAUTAM VIJAY UDANI
WHOLE-TIME DIRECTOR
DIN: 03081749