Rights Issue28 Oct 2026, 07:11 pm
Veer Global Infraconstruction Ltd Rights Issue Letter of Offer Approved
AI Summary
Veer Global Infraconstruction Limited's Rights Issue Committee has approved the Letter of Offer for its rights issue. The company plans to issue up to 34,08,684 fully paid-up Equity Shares of face value ₹10 each at an issue price of ₹30 per share, aggregating up to ₹10,22,60,520 (₹102.26 Crore). This is on a renounceable basis in the ratio of 1 Rights Equity Share for every 5 Equity Shares held on the record date, October 30, 2026. The issue opens on November 6, 2026. The Letter of Offer will be submitted to SEBI and uploaded on the company's website.
Key Highlights
- Rights Issue Committee approved the Letter of Offer.
- Issuing up to 34,08,684 Equity Shares at ₹30 each.
- Total issue size is ₹10,22,60,520 (₹102.26 Crore).
- Ratio of 1 Rights Share for every 5 shares held.
- Issue opens on November 6, 2026.
Price Impact
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