BSECompany Update21 Oct 2026 · 21 Oct 2026, 10:29 pm

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Virtual Global Education Ltd · 534741

✦ AI SummaryFundraise

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.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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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