Veefin Solutions rises on signing contract with NEDFi to implement digital lending ecosystem
Veefin Solutions is currently trading at Rs. 329.00, up by 1.30 points or 0.40% from its previous closing of Rs. 327.70 on the BSE.
The scrip opened at Rs. 332.00 and has touched a high and low of Rs. 334.95 and Rs. 321.55 respectively. So far 82600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 429.20 on 08-Sep-2025 and a 52 week low of Rs. 211.05 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 334.95 and Rs. 260.00 respectively. The current market cap of the company is Rs. 840.25 crore.
The promoters holding in the company stood at 34.73%, while Institutions and Non-Institutions held 3.30% and 61.97% respectively.
Veefin Solutions and North Eastern Development Finance Corporation (NEDFi) have signed a comprehensive contract to implement a state-of-the-art digital lending ecosystem for NEDFi, which is designed to enhance credit access across the North Eastern Region of India. Under the terms of this multi-year agreement, the company will deploy a complete suite of cloud hosted solutions, including a Loan Origination System (LOS), Loan Management System (LMS), and Loan Collection System (LCS).
The digital transformation will also feature dedicated mobile applications for sales and collection, alongside a specialized customer portal to provide a seamless, end-to-end digital experience for borrowers. The solution will further integrate with various external systems, including credit bureaus and banking APIs, to create a unified and efficient financial ecosystem.
