Announced Fri, 24 Jul · 13:17 IST
BSE trading approval for 8 lakh Veer Global shares from loan conversion
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Price
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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹135.60
prior close
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base price
In-mkt
timing
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AI summary
BSE approved trading of 8,00,000 equity shares of Veer Global Infraconstruction allotted on June 22, 2026 at Rs 85 each (face value Rs 10, premium Rs 75) to Non-Promoters via conversion of unsecured loans on a preferential basis. Shares rank pari-passu with existing equity and are locked in until January 23, 2027. Listing is effective July 24, 2026.
Likely market impact
Adds equity supply for existing shareholders; loan-to-equity conversion reduces debt burden but increases share count and dilutes holdings.