Veer Global Infraconstruction Ltd. Approves Conversion of Loan into Equity Shares

Veer Global Infraconstruction Ltd. announced the outcome of its Board of Directors meeting held on March 30, 2026. The board approved the conversion of loan into equity shares/securities of the company by way of issuance of equity shares on preferential basis/private placement basis. The conversion is subject to the approval of the shareholders and other regulatory/statutory approvals. The company will issue up to 8,00,000 Equity Shares at a price of ₹85/- per share, aggregating to ₹6,80,00,000/-. The board also approved the issue price, number of equity shares, and other terms and conditions of the proposed issuance. The meeting was commenced at 04:00 PM and concluded at 04:33 PM.