Announced Thu, 16 Apr · 15:59 IST

Corrigendum to the notice of EGM to be held on Saturday, April 25, 2026, at 12 PM, and other related information published in the following newspapers; 1. The Free Press Journal 2. Nav Shakti

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₹91.88
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AI summary

Veer Global Infraconstruction Ltd has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) scheduled for April 25, 2026 at 12:00 PM via Video Conferencing. The company had filed an application with BSE for in-principle approval for a proposed preferential issue of equity shares. Following BSE observations, two corrections are being made: (1) A Development Agreement date is corrected from 03.07.2013 to 10.07.2013 - this agreement between Maruthi Co-operative Housing Society and Tridhaatu Maruthi Developers LLP was terminated earlier, and (2) The number of equity shares proposed to be allotted to the proposed allottees (VeerOne Limited and VeerFinance Limited) was inadvertently mentioned incorrectly and is being substituted with correct figures. The proposed allottees are non-promoter corporate bodies holding unsecured loans of up to Rs 50 crore for working capital and general corporate requirements, repayable on demand.

Likely market impact

The corrigendum corrects documentation errors related to a preferential equity share issuance. Shareholders should note the corrected share allocation numbers for the two proposed allottees before voting at the EGM. This is a routine administrative correction rather than a material change to the transaction.