Viram Suvarn Limited , formerly known as Veeram Securities Limited, has successfully completed the allotment of equity shares through its rights issue, marking a significant milestone in the company's capital expansion strategy. The Board of Directors approved the allotment on February 24, 2026, during a meeting that commenced at 6:00 PM and concluded at 6:30 PM.

Rights Issue Details

The company has allotted 3,78,20,426 fully paid-up equity shares with a face value of ₹8 each to eligible equity shareholders and renouncees. The allotment was conducted at an issue price of ₹8 per equity share, following the finalization of the basis of allotment in consultation with the registrar Kfin Technologies Limited and BSE Limited, which served as the designated stock exchange.

Capital Structure Enhancement

The successful completion of the rights issue has resulted in a substantial increase in the company's paid-up equity share capital. The capital expansion demonstrates the company's commitment to strengthening its financial position and supporting future growth initiatives.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously provided intimations regarding the rights issue on March 19, 2025, April 5, 2025, January 5, 2026, and January 29, 2026, demonstrating consistent regulatory compliance throughout the process.

Corporate Information

Viram Suvarn Limited, with CIN L46498GJ2011PLC064964, operates from its registered office located at Ground & First Floor, 7, Natvarshyam Co Op Ho S Ld Opp. Orchid Park, Ramdevnagar Road, Satellite, Ahmedabad-380051. The company trades on BSE under script code 540252. Managing Director Mahendra Ramniklal Shah, holding DIN 03144827, signed the board resolution approving the allotment.

Viram Suvarn Limited ( https://scanx.trade/company/veeram-securities-ltd ) has announced an extension of its ongoing rights issue closing date, providing shareholders with additional time to participate in the offering. The decision was made during a board meeting held on January 29, 2026.

Rights Issue Extension Details

The board of directors has decided to extend the rights issue closing date from February 06, 2026 to February 20, 2026. This extension is intended to provide shareholders with greater opportunity to exercise their rights in the current rights issue.

The rights issue originally opened on January 23, 2026, following the Letter of Offer dated January 05, 2026. Along with the closing date extension, the company has also revised the last date for on-market renunciation of rights entitlements from January 30, 2026 to February 13, 2026.

Revised Issue Schedule

The company has provided an updated timeline for the rights issue process:

Key Information for Shareholders

Shareholders entitled to participate in the rights issue are advised to note the revised closing date of February 20, 2026. The last date for submission of the duly filled Common Application Form along with the applicable amount is February 20, 2026.

The International Securities Identification Number (ISIN) for credit of dematerialized rights entitlement is INE607V20010. The board meeting that approved this extension commenced at 6:00 PM and concluded at 6:30 PM on January 29, 2026.

Company Background

Viram Suvarn Limited, formerly known as Veeram Securities Limited, is registered under CIN L46498GJ2011PLC064964. The company's registered office is located at Ground & First Floor, 7, Natvarshyam Co Op Ho S Ld Opp. Orchid Park, Ramdevnagar Road, Sattelite, Ahmedabad-380051.