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.

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.

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.

Veeram Securities Limited (VSL) has received a significant boost to its capital raising plans. The company announced that it has secured in-principle approval from the Bombay Stock Exchange (BSE) for a proposed rights issue of fully paid-up equity shares.

Approval Details

The approval, granted through a BSE letter dated September 19, 2025, allows Veeram Securities to use the exchange's name in its Letter of Offer. This development comes after the company's initial application on April 06, 2025, marking a crucial step forward in its fundraising efforts.

Conditions and Requirements

While the BSE has given its nod for listing the equity shares proposed to be issued on a rights basis, the approval is subject to several post-issue requirements and compliance with statutory and listing formalities. Some key conditions outlined by the exchange include:

1. Appointment of a Credit Rating Agency as a monitoring agency
2. Changing the company name to align with its current business activities
3. Providing printed copies of the Letter of Offer
4. Ensuring agreements with depositories for dematerialization of securities
5. Appointing a qualified Company Secretary as the compliance officer

Disclaimer and Investor Caution

The BSE has mandated that Veeram Securities include a specific disclaimer clause in its Letter of Offer and all related advertisements. This clause emphasizes that BSE's permission should not be construed as an endorsement of the company's financial soundness or the correctness of the offer document's contents.

Next Steps

Veeram Securities will need to address these conditions and complete the necessary post-issue requirements to move forward with the rights issue. The company is required to fix a record date for issuing the rights securities, providing at least three working days' advance notice to the exchange.

Implications

This in-principle approval marks a significant milestone for Veeram Securities, potentially paving the way for the company to raise additional capital through the rights issue. However, investors are advised to carefully review the full Letter of Offer and consider the disclaimer provided by BSE before making any investment decisions.

As the process unfolds, market participants will be keenly watching how Veeram Securities navigates the regulatory requirements and executes its capital raising strategy in the coming months.