The Board of Directors of the Company in its meeting held today, i.e., on Thursday, January 29, 2026, has decided to extend the offer period of the Rights Issue from Friday, February 06, ....
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Viram Suvarn Ltd (formerly Veeram Securities Limited) has extended the closing date of its ongoing Rights Issue from February 6, 2026 to February 20, 2026. The Board approved this extension on January 29, 2026 to give shareholders more time to participate. The last date for on-market renunciation of rights entitlements has also been pushed from January 30 to February 13, 2026. The issue, which opened on January 23, 2026, now expects basis of allotment and listing by late February 2026.
Existing shareholders get extra time to subscribe to their rights entitlement or trade it on the market. Extending a rights issue timeline is typically a neutral signal and may indicate slower-than-expected subscription, but it gives eligible shareholders additional flexibility to participate.