Announcement under Regulation 30 (LODR), 2015 - ReAppointment of Managing Director and Independent Director.
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The Board of Veer Global Infraconstruction Ltd has approved the re-appointment of Shri Vijaybhai Vagjibhai Bhanshali as Managing Director for a period of 5 years starting August 6, 2025, after his current term ends on August 5, 2025. The Board also approved the re-appointment of Madam Rakhee Jain as Independent Director for the remaining 2 years of her first term, effective July 23, 2025. Both re-appointments are subject to shareholder approval at the upcoming Annual General Meeting. Mr. Bhanshali has 15+ years of experience in real estate development, while Ms. Jain is a qualified Company Secretary with 20+ years of experience. Neither director is debarred by SEBI from holding office, and the MD is disclosed as related to the CFO, Mr. Priyank Parikh.
This is a routine continuity announcement with no change in leadership. Existing board members are being retained, which suggests stability in management direction. Shareholders will need to approve these re-appointments at the next AGM, and no immediate impact on stock price is expected from this filing.