Veer Global Infraconstruction Ltd — Others, 26-07-2025: AGM/EGM
26-07-2025 | 12:39 pm
26-07-2025 | 12:39 pm
Veer Global Infraconstruction has announced its Annual General Meeting. Key proposals include adopting the audited financial statements for the financial year and re-appointing a director and statutory auditors. The company plans a significant capital push, seeking shareholder approval to increase authorized capital to ₹25 Cr and enable fundraising up to ₹50 Cr each via Rights Issue, private placement, and a Follow-on Public Offer. Additionally, it aims to boost borrowing limits to ₹100 Cr and approve material related party transactions up to ₹20 Cr. The re-appointment of the Managing Director is also on the agenda. These initiatives are vital for powering future growth and operations.
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