Veer Energy Board Approves Sub-Division Of Equity Shares - July 07, 2009

Veer Energy & Infrastructure Limited has informed that the Board of Directors of the Company at its meeting held on July 06, 2009, inter alia, has taken the following decisions:

1. The Sub-division of the equity shares of the Company from Rs 10/- fully paid up to Rs 1/- fully paid up equity shares.

2. The board has appointed, subject to approval of members Mr. Yogesh M Shah as the Managing Director of the Company & Mr. Ritesh P Choski as the joint Managing Director of the Company.

3. To convene the Extra Ordinary General Meeting on August 12, 2009 to seek approval of members of the Company.

Veer Energy Board Plan Final Dividend And Bonus Shares - June 02, 2009

Veer Energy and Infrastructure Limited has informed that the Board of Directors of the Company at its meeting held on June 01, 2009, inter alia, has decided the following:

1. The Board recommended the final dividend of 6%.

2. The Board has decided to issue Bonus equity Shares in the ratio of 1:2 (Every share holder holding 2 equity shares is getting 1 Bonus equity shares) subject to approval of members at the Annual General Meeting and concern authorities.