Stock Report

Veefin Solutions Ltd forms subsidiary



Posted On : 2023-12-04 13:02:05( TIMEZONE : IST )

Veefin Solutions Ltd forms subsidiary

VEEFIN SOLUTIONS LIMITED has incorporated a new Subsidiary Company in the name of "FINFUZE SOFTWARE PRIVATE LIMITED" in Maharashtra, India.

The company will carry on the business of developing, providing, marketing, distributing computer software Solutions in the field of Web Content Development, Security Solutions, Animation, Geographical Information Systems (GIS), Revenue Accounting, Data Digitization, Back Office Operations, Financial Institutions and management consultancy services in various fields of Ecommerce, Computer Software and Hardware Development, Training & Manufacturing Computer Hardware and Software products.

The purpose of the subsidiary is Empowering Financial Access Everywhere: By seamlessly integrating financial services into daily activities, the objective is to transform how systems access and interact with financial services. FinFuze Software Private Limited will work to democratize and simplify finance so that it is available, practical, and individualized for everyone. IT will seek to improve financial well-being, promote economic progress, and build a future where financial empowerment knows no bounds through cutting-edge technology and smart collaborations.

Shares of Veefin Solutions Limited was last trading in BSE at Rs. 281.45 as compared to the previous close of Rs. 268.05. The total number of shares traded during the day was 119200 in over 134 trades.

The stock hit an intraday high of Rs. 281.45 and intraday low of 273.00. The net turnover during the day was Rs. 33358880.00.

Source : Equity Bulls

Keywords

VeefinSolutions INE0Q0M01015 ITEnabledServices Subsidiary FINFUZESoftware