In reference to the captioned matter and in continuation to our intimation dated April 03, 2026 we are submitting herewith the Corrigendum to the Notice of EGM which is scheduled to be ....
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Veer Global Infraconstruction Ltd has issued a corrigendum to its EGM scheduled for April 25, 2026. The main agenda is a preferential issue of 8,00,000 equity shares at ₹85 per share (face value ₹10 + premium ₹75) to convert outstanding unsecured loans worth ₹6.80 crore. Veerone Limited will receive 2,11,765 shares for ₹1.80 crore loan set-off, and Veer Finance Limited will receive 5,88,235 shares for ₹5 crore loan set-off. Post-allotment, paid-up capital will increase from ₹16.24 crore to ₹17.04 crore. The corrigendum also adds a second agenda for shareholder approval of related party transactions up to ₹20 crore for FY 2026-27 involving promoters, directors, and their entities. The correction addresses BSE queries and fixes a typographical error in the original share numbers.
Conversion of ₹6.80 crore debt to equity will dilute existing shareholders by 4.69% combined stake to the two allottees. The related party transaction approval enables ongoing business dealings with insiders worth up to ₹20 crore.