Virtual Global Education Board Approves Financial Results, CFO Change, and Fund Raise

Virtual Global Education Ltd's Board of Directors convened on October 21st, 2026, approving the unaudited financial results for the quarter ended September 30, 2026. The meeting also saw the acceptance of Mr. Gaurav Garg's resignation as CFO and the appointment of Mr. Krishan Bansal as the new CFO and Executive Director. Furthermore, the board greenlit the sale of its subsidiary, Shikshan School Private Limited, and approved a preferential issue of up to 42,00,00,000 (42 Crore) Fully Convertible Warrants to promoters and public categories, aiming to raise up to ₹42,00,00,000 (42 Crore). Alterations to the Articles of Association to facilitate fund raising were also approved, pending shareholder consent via postal ballot.