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Veer Global Infraconstruction LtdBoard Meeting, 23-07-2025: Board Meeting

23-07-2025 | 04:52 pm

Veer Global Infraconstruction's Board has greenlit significant financial moves, including plans to raise up to ₹50 Cr each via a Rights Issue, Private Placement, and a Follow-on Public Offer. The company also approved increasing its borrowing limits to ₹100 Cr. Key governance decisions involve re-appointing Managing Director Shri Vijaybhai Vagjibhai Bhanshali, director Vinod Mohanlal Jain, and Statutory Auditors, along with continuing independent director Rakhee Jain's tenure. These approvals will be put forth for shareholder consideration at the upcoming 14th Annual General Meeting for FY24-25.

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