Veer Global Infraconstruction Ltd — Important, 18-06-2026: Company Update

Veer Global Infraconstruction Limited has received in-principle approval from BSE to issue 8,00,000 equity shares to non-promoters. These shares, with a face value of Rs. 10 each, will be issued at a price not less than Rs. 85 per share, facilitating the conversion of a loan into equity. This strategic move, valued at approximately 6.8 Cr, aims to restructure the company's financial position by converting debt into equity, potentially strengthening its balance sheet and improving long-term stability. The company will proceed with further listing formalities.