
Investment24 Feb 2026, 07:01 pm
Viram Suvarn Ltd Approves Allotment of 3,78,20,426 Equity Shares in Rights Issue
AI Summary
The Board of Directors of Viram Suvarn Ltd, formerly known as Veeram Securities Limited, has approved the allotment of 3,78,20,426 fully paid-up Equity Shares at an issue price of ?8 per Equity Share. This decision was made during a board meeting held on February 24, 2026, and the meeting was conducted from 6:00 PM to 6:30 PM. The Rights Issue was first announced in March 2025, and the Basis of Allotment was finalized in consultation with Kfin Technologies Limited and BSE Limited. The paid-up equity share capital of the company has increased from Rs. 15,12,81,704 to Rs. 22,69,22,556 due to this allotment.
Key Highlights
- Viram Suvarn Ltd approves allotment of 3,78,20,426 Equity Shares in Rights Issue.
- The Rights Issue was first announced in March 2025.
- The Basis of Allotment was finalized in consultation with Kfin Technologies Limited and BSE Limited.
- The paid-up equity share capital of the company has increased from Rs. 15,12,81,704 to Rs. 22,69,22,556.
- The decision was made during a board meeting held on February 24, 2026.