Veer Global Issues EGM Corrigendum with Detailed Loan Conversion Information

Veer Global Infraconstruction Limited issued a corrigendum to its Extraordinary General Meeting notice on April 14, 2026, providing comprehensive details about outstanding unsecured loans and correcting share allocation numbers for the proposed preferential issue. The EGM is scheduled for April 25, 2026 at 12:00 PM IST through video conferencing.

Outstanding Loan Details and Conversion Structure

The corrigendum addresses BSE queries by providing detailed information about unsecured loans from proposed allottees that will be converted into equity shares:

Parameter Details Nature of Loan Unsecured Loan Purpose Working Capital and General Corporate Requirement Tenure On Demand Borrowing Limit Up to ₹50.00 crores Tranches Multiple Tranche

Loan Conversion Breakdown

The company provided specific details of outstanding loans and proposed conversion amounts:

Allottee Outstanding Loan (₹) Amount to be Set-off (₹) Balance Remaining (₹) Veerone Limited ₹2,16,91,130 ₹1,80,00,025 ₹36,91,105 Veer Finance Limited ₹6,21,91,639 ₹4,99,99,975 ₹1,21,91,664

Corrected Share Allocation

The corrigendum corrected an inadvertent typographical error in the original EGM notice regarding share allocation numbers:

Allottee Issue Price (₹) Corrected Equity Shares Category Veerone Limited 85 2,11,765 Non-Promoter Body Corporate Veer Finance Limited 85 5,88,235 Non-Promoter Body Corporate Total 8,00,000

Post-Issue Shareholding Impact

The preferential issue will result in specific shareholding changes for both allottees:

Investor Pre-Issue Shares Pre-Issue % Post-Issue Shares Post-Issue % Veerone Limited 0 0.00% 2,11,765 1.24% Veer Finance Limited 0 0.00% 5,88,235 3.45%

EGM Agenda and Related Party Transactions

The EGM will address two special resolutions including the preferential issue and approval of related party transactions up to ₹20.00 crores for financial year 2026-27. The meeting will be conducted through video conferencing with remote e-voting facility available from April 22-24, 2026.

The company confirmed that the balance loan amounts will continue as outstanding loans under existing terms and conditions, while the converted portion will strengthen the company's balance sheet by reducing debt.

Source: Company/INE244W01010/d9d9257b-2108-4d61-a704-7895b8489867.pdf

Veer Global Infraconstruction Limited has submitted a regulatory disclosure to BSE confirming that its promoters have not created any encumbrance on company shares during the financial year ended March 31, 2026. The disclosure was filed on April 6, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 31(4).

Regulatory Compliance Declaration

The company's Managing Director, Vijaybhai Vagjibhai Bhanshali, signed the disclosure on behalf of all promoters and promoter group members. The declaration confirms that promoters and persons acting in concert have not made any encumbrance, directly or indirectly, over company shares during FY26, other than those already disclosed.

Parameter Details Filing Date April 6, 2026 Regulation SEBI (SAST) Regulation 31(4) Financial Year Ended March 31, 2026 Signatory Vijaybhai Vagjibhai Bhanshali (DIN: 05122207) BSE Code 543241

Precautionary Filing

The company clarified that it is not currently a target for takeover but filed the disclosure as a matter of abundant caution to remain compliant with regulatory requirements. This proactive approach demonstrates the company's commitment to maintaining transparency and adhering to SEBI guidelines.

Promoter Group Declaration

Vijaybhai Vagjibhai Bhanshali, as the authorized representative of all promoters and promoter group members, submitted a separate declaration confirming compliance with SEBI regulations. The declaration specifically states that no encumbrance of shares has been created or invoked during the specified period.

Audit Committee Presentation

In accordance with SEBI (SAST) Regulation 31(5), the promoters have requested the company to present this disclosure at the upcoming Audit Committee meeting. This ensures proper board-level review and documentation of the regulatory compliance.

Company Information

Veer Global Infraconstruction Limited is registered in Maharashtra with its office located in Nalasopara East, Thane. The company operates under CIN L45309MH2012PLC225939 and maintains its corporate communications through established channels with stock exchanges.

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