Veefin Solutions Ltd Share Price – BSE

IT - Software, Small Cap

PSB Xchange, India's digital marketplace for financial solutions and a key platform under Veefin Solutions, today announced the appointment of Ankush Aggarwal as Chief Experience Officer (CXO) and Sahil Sikka as Chief Business and Strategy Officer. These strategic appointments mark a significant step in strengthening PSB Xchange's leadership team as it accelerates scale, platform depth, and ecosystem-led growth.

Ankush Aggarwal, who joins as Chief Experience Officer, brings over two decades of leadership experience across Corporate Banking and SME segments. He specialises in building enterprise-scale client servicing frameworks, driving digital journey transformation, and enabling end-to-end process automation, with a strong focus on experience-led growth. In his previous leadership roles at Kotak Mahindra Bank, IndusInd Bank , and SG Finserve, Ankush has led large, cross-functional initiatives spanning customer onboarding, credit lifecycle management, servicing operations, and digital platforms. His work has consistently aligned technology, operations, and business strategy to deliver scalable, compliant, and data-driven experience models.

Sahil Sikka, who joins as Chief Business and Strategy Officer, brings over one and a half decades of leadership experience across banking and financial services, with a strong track record of building, scaling, and transforming businesses. Before joining PSB Xchange, he was part of the founding leadership team at SG Finserve Limited, where he played a pivotal role in building a listed NBFC from the ground up?covering business and capital strategy, product design, distribution, and governance. During this journey, he was recognised with the Best CFO - Financial Services award at the India CFO Awards 2024 for his strategic leadership and governance excellence. Earlier in his career, Sahil has worked with leading institutions, including HDFC Bank, Aditya Birla Finance, and Kotak Mahindra Bank, driving growth across corporate banking and structured finance. His experience blends strategic depth with hands-on execution, underpinned by a strong belief in empowered teams, disciplined governance, and customer centric growth.

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BPI would implement Veefin's end-to-end supply chain finance platform to enhance its digital SCF services for corporate clients and their supplier networks.

The platform will allow seamless digitization of supplier finance, receivables finance, and extended vendor financing, improving liquidity across supply chains, optimizing cash flows, and strengthening resilience for all stakeholders.

Veefin offers banks and financial institutions a single, API-driven platform for supply chain finance, transaction banking, and digital lending across different geographies. The company continues to scale its global presence in response to increasing demand for digitized working-capital finance solutions.

The Bank of the Philippine Islands is one of the Philippines? largest and most established financial institutions, with a robust footprint across retail, corporate, and institutional banking.

This partnership marks a definitive stride in Veefin's international expansion roadmap and reinforces the increasing global significance of its Deep Tier Finance model.

Implementation in the Philippines is foreseen to act as a strong reference for Veefin's further regional expansion in Southeast Asia, as well as other international markets,? Veefin Solutions said in a statement.

Veefin Group addresses every aspect of optimising working capital, by offering solutions across end-to end digital supply chain finance, digital identity verification and automated financial statement analysis, debt securitization, cash management, trade finance, automated accounts receivable (AR) & accounts payable (AP) and software consulting and services by deploying innovative, agile & scalable technology.

The company?s consolidated net profit almost doubled to Rs 8.21 crore in H1 FY26 from Rs 4.13 crore recorded in H1 FY25. Net sales jumped to Rs 110 crore in H1 FY26 from Rs 19.09 crore registered in in H1 FY25.

The scrip had shed 0.12% to end at Rs 345.65 on the BSE on Friday.

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Veefin Solutions will hold a meeting of the Board of Directors of the Company on 13 November 2025.

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Veefin Solutions announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 October 2025.

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