Virtual Global Education to Sell Subsidiary Shikshan School Pvt Ltd

Virtual Global Education Ltd announced its Board of Directors has approved the proposal for the sale or disposal of its subsidiary, Shikshan School Private Limited. The company will initiate the process of finding a suitable buyer. The final transaction price will be determined by a Registered Valuer. The subsidiary contributed no turnover, revenue, or income, and no net worth in the last financial year. The company is currently searching for a prospective buyer, and the completion date is contingent on finding a buyer and obtaining necessary approvals. The transaction is not considered a related party transaction.