Veer Global Infraconstruction Announces Board Meeting, Plans Equity Share Issuance
Veer Global Infraconstruction Ltd. announced that a meeting of its Board of Directors will be held on March 30, 2026, at 4:00 P.M. via video conference. The meeting agenda includes consideration and approval for the conversion of a loan into equity shares through a preferential basis or private placement. This issuance is subject to shareholder approval and other applicable regulations.The Board will also determine the issue price and number of equity shares related to the loan conversion. Additionally, the board will address a related party transaction and review a valuation report.
The Board will also approve a draft Notice of an Extraordinary General Meeting (EGM), setting the date, time, and venue. A Scrutinizer and other intermediaries will also be appointed.
Trading window for the company will be closed from March 30, 2026, in accordance with the Company’s Code of Conduct for Prohibition of Insider Trading.
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