VEDAVAAG Systems: Intimation regarding receipt of In - princip le approval from IRDAI to Vedavaag Financial Insurance Broking…
VEDAVAAG Systems (VEDAVAAG) filed a disclosure titled "Intimation regarding receipt of In - princip le approval from IRDAI to Vedavaag Financial Insurance Broking Services Private Limited, a wholly owned subsidiary of the Company…". The company is valued at…
What happened
VEDAVAAG Systems (VEDAVAAG) filed a disclosure with the exchanges on 7 October 2026 at 05:46 PM titled "Intimation regarding receipt of In - princip le approval from IRDAI to Vedavaag Financial Insurance Broking Services Private Limited, a wholly owned subsidiary of the Company…".
Company snapshot
VEDAVAAG Systems is a micro-cap company, with a market value of about ₹53.59 crore.
The stock last traded at ₹22.84, against a 52-week range of ₹16.98–₹25.69 (11.1% below the high).
Before this filing the shares had moved +28.1% over the month. Average daily turnover over the last 20 sessions was about ₹0.33 crore.
Promoters held 35.16% at the end of Q1 FY27; 42.43% of promoter shares were pledged.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 26 | 1.6 | 0.69 |
| Q2 FY26 | 19 | 1.1 | 0.47 |
| Q3 FY26 | 17 | 1 | 0.43 |
| Q4 FY26 | 33 | 0 | 0.01 |
| Q1 FY27 | 19 | 1 | 0.4 |
What history shows
BCEIE has no earlier approval filing from this company on record since May 2026.
Market-wide, 1,493 approval filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.