Veeram Securities Ltd — Dividend/Bonus, 05-04-2025: The Board of Directors of the Company in their meeting held on today i.e. April 5, 2025, has considered and approved Draft Letter of offer to be filled with BSE Limited ("Stock Exchange") ....

Veeram Securities Limited has announced a board meeting to approve a rights issue of equity shares at a face value of ₹2. The company plans to issue up to 3.78 crore fully paid-up equity shares at an issue price of ₹8 each, raising approximately ₹30.26 crore. The rights entitlement ratio will be 1 equity share for every 2 shares held, with the record date to be determined later.

This move aims to enhance liquidity and fund growth initiatives, potentially boosting investor interest. Should the rights issue be fully subscribed, the total outstanding equity shares will rise to approximately 11.34 crore, indicating significant capital expansion.