BSECompany Update21 Oct 2026 · 21 Oct 2026, 10:29 pm
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Virtual Global Education Ltd · 534741
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Virtual Global Education Ltd has announced a preferential allotment of up to 42 crore fully convertible warrants at Rs. 1 per warrant to raise funds for financial requirements. The warrants can be exercised within 18 months and will carry a right to subscribe to one equity share per warrant.
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Full Announcement
Virtual Global Education Ltd - 534741 - Announcement under Regulation 30 (LODR)-Allotment
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Date: 21st October, 2026
The Deputy General Manager
Department of Corporate Services
The Bombay Stock Exchange Limited
P.J. Tower, Dalal Street
Mumbai- 400001
BSE Scrip Code: 534741 ISIN: INE247C01023
Sub: Intimation for raising of funds through preferential allotment under Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Ma’am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we
wish to inform you that, the Board of Directors of the Company in its meeting held on 21st October, 2026 approved
the proposal raising of funds for meeting the financial requirements of the Company, through allotment of
40,00,00,000 (Forty crore) fully Convertible Warrants (‘Warrants’), carrying a right exercisable by the Warrant
holder to subscribe to one Equity Share per Warrant, to persons belonging to “Non Promoter/Public Category” on
preferential basis at an issue price of Rs. 1/- per Warrant, after receipt of stipulated amount i.e. 25% of the Issue
Price as subscription amount in accordance with provisions of Chapter V of SEBI ICDR Regulations, to the persons
(““Allottees”).
The information in regard to the abovementioned matter in terms of Regulation 30 read with SEBI Master Circular
No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure-I.
This is for your information and record.
Thanking you,
Yours Faithfully,
For Virtual Global Education Limited
Renu Malik
Company Secretary & Compliance Officer
Add- 1108,11th Floor, RG Trade Tower ,
Netaji Subhash Place, Pitampura, Delhi-110034
Registered Office: 1108, 11th Floor, RG Trade Tower, Netaji Subhash Place, Pitampura, Delhi-110034
Tel: 011-41522143, CIN: L67120DL1993PLC052256
Email: csvirtualeducation@gmail.com website: www.virtualeducation.co.in
ANNEXURE-1
Details with respect to Regulation 30 read with Part A Schedule Ill of the Listing Regulations, SEBI Master
Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
S. No. Particulars Disclosures
1 Type of securities Fully Convertible Warrants
proposed to be Issued ('Warrants')
2 Type of issuance Preferential Allotment
3 Total number of Up to 42,00,00,000 (Forty-Two Crore Only) Fully convertible warrants at an
securities proposed to issue price of Re. 1/- (Rupee One Only) each to the proposed allottees,
be issued or total belonging to the “Promoter/Promoter Group” and “Non-Promoter, Public
amount for which the Category’, for an aggregate amount of Rs. 42,00,00,000/- (Rupees Forty-Two
securities will be issued Crore Only)
4 Name and number of As per the list attached as Annexure-II
the Investor(s)
5 Issue price Re. 1/- (Rupee One Only) Per Warrant
6 post allotment of
securities - outcome of Category Pre preferential issue Post preferential issue
the subscription, presuming full
conversion
No of fully paid % No of fully %
-up Shares paid-up Shares
Promoters and 4,66,06,012 8.23 14,66,06,012 14.87
Promoter Group
Public (B) 51,95,57,686 91.77 83,95,57,686 85.13
Total (A) + (B) 56,61,63,698 100.00 98,61,63,698 100.00
7 in case of convertibles - The tenure of the warrants shall not exceed 18 (eighteen) months from the
intimation on conversion date of allotment. Each warrant shall carry a right to subscribe 1 (one) Equity
of securities or on lapse Share per warrant, which may be exercised in one or more tranches during
of the tenure of the the period commencing from allotment of warrants until the expiry of
instrument 18(eighteen) months from the date of allotment of the warrants. In the event
that, a warrant holder does not exercise the warrants within a period of 18
(Eighteen) months from the date of allotment of Such warrants, the
unexercised warrants shall lapse and the amount paid by the warrants
holders on such warrants shall stand forfeited by the Company.
8 Nature of Consideration Cash
9 Any cancellation or Not Applicable
termination of proposal
for issuance of securities
Registered Office: 1108, 11th Floor, RG Trade Tower, Netaji Subhash Place, Pitampura, Delhi-110034
Tel: 011-41522143, CIN: L67120DL1993PLC052256
Email: csvirtualeducation@gmail.com website: www.virtualeducation.co.in
including reasons
thereof.
The names of the proposed allottees of Warrants, belonging to the “Promoter Group” entity and “Non-
Promoter, Public Category”, to be allotted on a preferential basis:
S. Name of the Proposed Allottees Warrants to be allotted on
No. Preferential basis Maximum
Quantity for the respective
allottee
A Promoter/Promoter Group
1 SHREE ASSETS RECONSTRUCTION LIMITED 10,00,00,000
Total (A) 10,00,00,000
B Non-Promoter, Public Category
1 PAWAN KUMAR BASUDEV AGARWAL 80,00,000
2 PAWAN KUMAR BASUDEV AGARWAL (HUF) 1,00,00,000
3 KALPANA PAWAN KUMAR AGARWAL 75,00,000
4 SHREE DURGA CAPITAL LTD. 1,20,00,000
5 SAROJ GOYAL 4,25,00,000
6 RAM GOPAL GOYAL 4,25,00,000
7 SUCHIT JAYRAJ SHAH 1,00,00,000
8 MAMTA SUCHIT SHAH 85,00,000
9 ADITI SINGH 50,00,000
10 ANKIT SINGH 25,00,000
11 GAJANAND GUPTA 4,25,00,000
12 ANITA GUPTA 4,25,00,000
13 GREEN OPEN TECHNOLOGIES PRIVATE LIMITED 8,65,00,000
Total (B) 32,00,00,000
Grand Total (A+B) 42,00,00,000
Registered Office: 1108, 11th Floor, RG Trade Tower, Netaji Subhash Place, Pitampura, Delhi-110034
Tel: 011-41522143, CIN: L67120DL1993PLC052256
Email: csvirtualeducation@gmail.com website: www.virtualeducation.co.in