Rights Issue26 Oct 2026, 08:00 pm
Veer Global Infraconstruction Sets Oct 30 as Rights Issue Record Date
AI Summary
Veer Global Infraconstruction Limited's Rights Issue Committee has approved October 30, 2026, as the record date for its renounceable rights issue. The company plans to issue up to 34,08,684 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 move follows the Board of Directors' approval on August 10, 2026, and in-principle approval from BSE Limited on October 16, 2026. The rights entitlement ratio is 1:5. The company has made arrangements with NSDL and CDSL for crediting rights entitlements in dematerialized form.
Key Highlights
- Rights Issue Committee approves October 30, 2026, as the record date.
- Issue size: Up to 34,08,684 equity shares at ₹30 each.
- Total issue amount: Up to ₹10,22,60,520 (₹102.26 Crore).
- Rights entitlement ratio: 1 share for every 5 held.
- BSE grants in-principle approval for the rights issue.
Price Impact
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