26-Oct-2026 19:53:37
VGILGeneral news
VEER GLOBAL : RIGHTS ISSUE WORTH OVER RS 10 CR
• Rights Issue Committee approved issue of up to 34,08,684 fully paid-up equity shares of face value ₹10 each • Issue price ₹30 per Rights Equity Share, including a premium of ₹20 per share • Issue amount up to ₹10.23 Cr assuming full subscription • Rights entitlement ratio of 1 Rights Equity Share for every 5 equity shares held; record date 30 October 2026 • Issue is renounceable; BSE in-principle approval received on 16.10.2026; pre-issue outstanding equity at 1,70,43,420 shares Impact: Neutral (Small ~₹10.23 Cr rights raise adds equity capital but carries ~20% dilution from the 1:5 ratio)
Veer Global Infraconstruction Ltd
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