Virgo Global Ltd

Virgo Global Ltd announced a revised outcome of its Board Meeting held on August 3, 2026. The board accepted the resignations of Ms. Payal Jain and Mr. Prabhaker Reddy Aedla as Independent Directors, effective July 16, 2026. Subsequently, Mr. Manish Kumar Jain was appointed as an Additional Director (Independent). Ms. Payal Jain has been appointed as an Additional Director designated as Whole Time Director for five years from August 3, 2026, and also as the Chief Financial Officer (CFO) of the company, effective the same date. The meeting commenced at 3:00 PM and concluded at 4:30 PM.

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.

Virgo Global Ltd has announced the resignation of two Independent Directors, Ms. Payal Jain and Mr. Prabhaker Reddy Aedla. Their resignations are effective from the closing hours of July 16, 2026. Both directors cited pre-occupation and other personal commitments as reasons for their departure. The company has provided disclosures as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including copies of their resignation letters.

Virgo Global Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and will be effective from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The company will separately inform stock exchanges about the board meeting scheduled to approve these financial results. This measure is intended to prevent insider trading during the sensitive period leading up to the financial results announcement.

Shri Nakoda Logistics Private Limited has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding its shareholding in Virgo Global Ltd. The disclosure details a sale of 1,57,970 equity shares, representing 10.62% of the total diluted capital, through an open market transaction. Prior to this sale, Shri Nakoda Logistics held 30.98% of Virgo Global's shares. Following the sale, their holding has reduced to 20.36%. The total transaction value was approximately ₹4.20 crore.

Virgo Global Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. The board also approved a scheme for the reduction of share capital, subject to shareholder and NCLT approval. An EGM will be held on May 15, 2026, to approve the capital reduction scheme. CS Yash K. Shah has been appointed as the scrutinizer for the e-voting process.

Virgo Global Ltd's Board of Directors, in a meeting on April 18, 2026, approved the Audited Financial Results for the quarter and year ended March 31, 2026, prepared in accordance with Ind AS. The statutory auditors issued an unmodified opinion on these results. Additionally, the Board approved a Scheme of Reduction of Capital under Section 66 of the Companies Act, 2013. This scheme is designed to address accumulated losses that have significantly eroded the company's net worth and impeded its ability to raise capital or expand. The capital reduction is subject to approvals from shareholders, the Hyderabad Bench of the National Company Law Tribunal (NCLT), and other regulatory bodies. An Extraordinary General Meeting (EGM) is scheduled for May 15, 2026, to obtain shareholder consent for the scheme, with e-voting available from May 12 to May 14, 2026.

Virgo Global Ltd has announced the postponement of its Board of Directors meeting, originally scheduled for April 10, 2026, due to unavoidable circumstances. The meeting has been rescheduled to Saturday, April 18, 2026. The key agenda items for the rescheduled meeting include the consideration and approval of the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026. Additionally, the Board will consider a proposal for the Reduction of Share Capital, subject to necessary approvals from shareholders, regulatory authorities, and NCLT. The Board will also fix the date, time, and venue for an Extra-Ordinary General Meeting (EGM), approve the EGM notice, and appoint a Scrutinizer for the e-voting process. The trading window for dealing in the company's securities remains closed for designated persons.

Virgo Global Ltd, a company listed on the BSE, has announced that its Board of Directors will meet on April 10, 2026, to consider several key items. The agenda includes the proposal for a reduction of the company's share capital, in accordance with the Companies Act, 2013 and other statutory requirements. The board will also fix the date, time, and venue for an Extra-ordinary General Meeting (EGM) of the members, approve the notice of the EGM, and appoint a scrutinizer for the E-voting process. The company's Trading Window will be closed for designated persons and their relatives in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Virgo Global Ltd has announced the closure of the trading window for all insiders, including designated persons and their immediate relatives. The closure will be in effect from Wednesday, 01% Day of April, 2026 until 48 hours after the declaration of the Unaudited Financial Results for the quarter and year ended March 31, 2026. The designated persons have been informed not to trade in the securities of the company during this period. The notice of the Board Meeting to consider and approve the Unaudited Financial Results for the same period will be sent separately to the Stock Exchanges.