
Board Meeting10 Aug 2026, 12:38 pm
Veer Global Approves Rights Issue of ₹10.22 Cr, Q1 FY27 Results
AI Summary
Veer Global Infraconstruction Ltd announced that its Board of Directors has approved a renounceable Rights Issue of up to 34,08,684 equity shares at ₹30 per share, aggregating ₹10,22,60,520. The issue is in the ratio of 1 Rights Equity Share for every 5 fully paid-up Equity Shares held. The Board also approved the unaudited standalone financial results for the quarter ended June 30, 2026, along with the limited review report. The company has authorized directors and officers to take necessary steps for the Rights Issue implementation and has constituted a Rights Issue Committee.
Key Highlights
- Board approved unaudited standalone financial results for Q1 FY27.
- Approved a Rights Issue of up to 34,08,684 equity shares.
- Rights Issue price set at ₹30 per share, aggregating ₹10.22 Cr.
- Issue ratio is 1 Rights Equity Share for every 5 shares held.
- Rights Issue Committee constituted for implementation.
Price Impact
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