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Veer Global Infraconstruction LtdOthers, 18-08-2025: AGM/EGM

18-08-2025 | 08:13 pm

Veer Global Infraconstruction's 14th Annual General Meeting considered several key resolutions. Shareholders reviewed and adopted the Audited Financial Statements for FY 2024–25. Significant proposals included increasing the Authorised Share Capital from ₹20 crore to ₹25 crore and enhancing borrowing limits to ₹100 crore, boosting the company's financial flexibility. Multiple capital raising avenues were approved, enabling the company to potentially raise up to ₹50 crore each via Rights Issue, Private Placement, or Follow-on Public Offer. Key re-appointments were also considered: Mr. Vinod Mohanlal Jain as Director, M/s. Bansilal Shah & Co. as Auditors, and Shri Vijaybhai Vagjibhai Bhanshali as Managing Director for a five-year term.

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