Management Change3 Aug 2026, 05:10 pm
Virgo Global Appoints New CFO and Directors, Two Resign
AI Summary
Virgo Global Ltd announced significant changes in its board and management following a board meeting on August 3, 2026. Ms. Payal Jain and Mr. Prabhaker Reddy Aedla resigned as Independent Directors, effective July 16, 2026. The company has appointed Mr. Manish Kumar Jain as an Additional Director (Independent) and Ms. Payal Jain as a Whole-Time Director for five years from August 3, 2026. Furthermore, Ms. Payal Jain has been appointed as the Chief Financial Officer (CFO) of the company, also effective August 3, 2026. The company had previously filed intimation for the resignation of the Independent Directors on July 16, 2026.
Key Highlights
- Two Independent Directors resigned from their positions.
- Mr. Manish Kumar Jain appointed as Additional Independent Director.
- Ms. Payal Jain appointed as Whole-Time Director and CFO.
- Changes are effective from July and August 2026.
- Company complies with SEBI LODR regulations for disclosures.
Price Impact
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