
Board Meeting22 Jun 2026, 04:50 pm
Veer Global Infraconstruction Approves Rights Issue Up To ₹15 Cr
AI Summary
Veer Global Infraconstruction Ltd's Board of Directors met on June 22, 2026, approving several key financial actions. The board took note of the in-principle approval from BSE Limited for a proposed preferential issue of equity shares. Additionally, they approved the allotment of equity shares on a preferential basis through the conversion of loans into equity. A significant decision was the approval to raise capital via a Rights Issue, with an amount not exceeding ₹15 Crores. The meeting also noted the absence of any other matters requiring discussion.
Key Highlights
- Board approved raising capital via Rights Issue up to ₹15 Cr.
- Approved preferential allotment of equity shares via loan conversion.
- Noted in-principle approval from BSE for preferential issue.
- Meeting held on June 22, 2026, concluded within 24 minutes.
Price Impact
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