StockWatch
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Residential- Commercial Projects
Regulatory24 Jul 2026, 01:17 pm

Veer Global Infraconstruction Gets BSE Trading Approval for 8 Lakh Shares

AI Summary

Veer Global Infraconstruction Ltd has received trading approval from BSE Limited for 8,00,000 equity shares. These shares, with a face value of Rs. 10 each and issued at a premium of Rs. 75 (total issue price Rs. 85), were allotted on June 22, 2026, to non-promoters on a preferential basis. The conversion of unsecured loans into equity shares has resulted in these new securities being listed and permitted to trade on the exchange effective July 24, 2026. The shares rank pari-passu with the existing equity shares. A lock-in period is applicable until January 23, 2027.

Key Highlights

  • BSE grants trading approval for 8,00,000 equity shares.
  • Shares issued on preferential basis via loan conversion.
  • Issue price Rs. 85 per share (Rs. 10 face value, Rs. 75 premium).
  • Trading effective July 24, 2026; lock-in until Jan 23, 2027.