Viram Suvarn Appoints Brickwork Ratings as Monitor for Rights Issue Proceeds

1 min read     Updated on 22 Dec 2025, 05:26 PM
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Overview

Viram Suvarn Limited has appointed Brickwork Ratings India Private Limited to monitor the utilization of its rights issue proceeds. The appointment, approved by the Board on December 22, 2025, complies with SEBI regulations and aims to ensure transparent fund management. Brickwork Ratings will oversee that funds are used as outlined in the Draft Letter of Offer/Letter of Offer.

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Viram Suvarn Limited has appointed Brickwork Ratings India Private Limited as the monitoring agency to oversee the utilization of its rights issue proceeds. This appointment is in compliance with SEBI regulations and demonstrates the company's commitment to regulatory adherence and transparent fund management practices.

Board Approval and Appointment Details

The Board of Directors of Viram Suvarn Limited approved the appointment during a meeting held on December 22, 2025, at the company's registered office in Ahmedabad. The meeting took place at Office-Ground First Floor, 7, Natvarshyam Co Op Ho S Ltd Opp. Orchid Park, Ramdevnagar Road, Satellite, Ahmedabad-380051.

Parameter Details
Monitoring Agency M/s Brickwork Ratings India Private Limited
Agency Type SEBI Registered Credit Rating Agency
Registered Office 3rd Floor, Raj Alkaa Park, Kalena Agrahara, Bannerghatta Road, Bangalore-560076
Appointment Date December 22, 2025

Monitoring Scope and Compliance

Brickwork Ratings India Private Limited will monitor the utilization of the rights issue proceeds in accordance with the objects disclosed in the Draft Letter of Offer/Letter of Offer. This appointment ensures compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The monitoring agency will oversee that the raised funds are utilized for the specific purposes outlined in the company's rights issue documentation. This regulatory requirement provides additional transparency and accountability in the deployment of investor funds.

Corporate Information

Viram Suvarn Limited, formerly known as Veeram Securities Limited, operates with CIN: L46498GJ2011PLC064964. The company maintains its registered office in Ahmedabad and can be contacted through its website www.veeramsecuritiesltd.com and email veeramsecurities2011@gmail.com .

The appointment notification was signed by Mahendra Ramnik Lal Shah, Managing Director (DIN: 03144827), and has been communicated to BSE Limited's Listing Corporate Relations Department for appropriate dissemination to all concerned parties.

Historical Stock Returns for Viram Suvarn

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Viram Suvarn Limited Appoints Ms. Sonakshi Soni as Company Secretary

1 min read     Updated on 22 Dec 2025, 05:08 PM
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Reviewed by
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Overview

Viram Suvarn Limited has formally appointed Ms. Sonakshi Soni as Company Secretary and Compliance Officer with effect from December 22, 2025, following Board approval and proper regulatory disclosure to BSE. Ms. Soni is an Associate Member of the Institute of Company Secretaries of India with expertise in Companies Act and Listing Regulations, maintaining complete independence from existing management structures.

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Viram Suvarn Limited , formerly known as Veeram Securities Limited, has announced the appointment of Ms. Sonakshi Soni as Company Secretary and Compliance Officer, effective December 22, 2025. The appointment was approved by the Board of Directors following the recommendation of the company's Nomination and Remuneration Committee.

Board Meeting and Regulatory Compliance

The Board of Directors meeting was held on December 22, 2025, at the company's registered office in Ahmedabad. The company has duly informed BSE Limited about this appointment in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Meeting Date: December 22, 2025
Effective Date: December 22, 2025
BSE Script Code: 540252
Regulatory Compliance: SEBI Regulation 30

Appointee Profile and Qualifications

Ms. Sonakshi Soni brings relevant professional credentials to her new role as Company Secretary and Compliance Officer. Her appointment strengthens the company's governance framework and regulatory compliance capabilities.

Qualification Details: Information
Professional Status: Associate Member of Institute of Company Secretaries of India
Membership Number: A78349
Areas of Expertise: Companies Act, Listing Regulations and allied laws
Independence Status: No inter-relationship with existing KMP, Senior Management or Directors

Company Information

Viram Suvarn Limited operates under CIN L46498GJ2011PLC064964 and is listed on BSE with script code 540252. The company's registered office is located at Ground First Floor, 7, Natvarshyam Co Op Ho S Ltd Opp. Orchid Park, Ramdevnagar Road, Satellite, Ahmedabad-380051.

The appointment reflects the company's commitment to maintaining robust corporate governance standards and ensuring compliance with regulatory requirements as it continues its operations in the financial services sector.

Historical Stock Returns for Viram Suvarn

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.25%+3.30%-9.15%-12.38%-12.47%
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