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Date: 25.08.2026 BSE LIMITED Department of Corporate Services 25" Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Scrip Code: 534741 ISIN: INE247C01023 Subject: Submission of proceedings of 33rd Annual General Meeting of the Company held on Tuesday, 25th August, 2026 pursuant to Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Ma’am, With respect to the above captioned subject, we are enclosing herewith proceedings of 32ndAnnual General Meeting of the company held on Tuesday, 25th August, 2026 pursuant to Regulation 30(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you, For Virtual Global Education Limited Renu Malik Company Secretary and Compliance officer Encl: a/a Registered Office: 1007, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, New Delhi-110034 Tel: 011-41522143, CIN: L67120DL1993PLC052256 Email: csvirtualeducation@gmail.com, website: www.virtualeducation.co.in SUMMARY OF THE PROCEEDINGS OF THE 33rd ANNUAL GENERAL MEETING (“AGM”) OF THE COMPANY HELD ON TUESDAY, THE 25th AUGUST, 2026 AT 02:00 P.M. AT MAHARAJA BANQUET AT A-1/20A, PASCHIM VIHAR (OPPOSITE METRO PILLAR NO.256), MAIN ROHTAK ROAD, NEW DELHI 110063. Directors Present Ms. Payal Sharma Director Mr. Rohan Mohan Agarwal Director Mr.Prem Gupta Whole time Director By Invitation Mr. Chandan Jha Secretarial Auditor & Scrutinser (For & on behalf of Chandan J & Associates) Mr. Yash Internal Auditor (For & on behalf of Chandni Singla & Associates) Ms. Renu Malik Company Secretary and Compliance officer The 33rd Annual General Meeting of the members of Virtual Global Education Limited held on Tuesday, the 25th August, 2026 at 02:00 p.m. at Maharaja Banquet At A-1/20A, Paschim Vihar (Opposite Metro Pillar No. 256), Main Rohtak Road, New Delhi 110063. The Company Secretary introduced all the Directors and the Secretarial Auditor attending the meeting. The Chairman & Director greeted the members attending the AGM. Ms. Payal Sharma elected as Chairman chaired the proceedings of the meeting, the requisite quorum being present, the Chairman called the meeting to order. Thereafter, the Chairman delivered the speech and informed the shareholders present that the notice convening the meeting, and Annual Accounts and Directors’ Report for the year 2025-2026 was taken as read. The Chairman of the meeting informed the members that as per the provisions of section 145 of the Companies Act, 2013, the auditor’s report has to be read only in case there is any qualification or adverse remark in the auditor’s report. There are qualifications in the auditor’s report as follows: Registered Office: 1007, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, New Delhi-110034 Tel: 011-41522143, CIN: L67120DL1993PLC052256 Email: csvirtualeducation@gmail.com, website: www.virtualeducation.co.in 1. We draw attention to our previous Review Reports and report ended 31st March 2025 we reported the fraudulent activities of the CFO have significantly impacted the accuracy of the financial statements,, financial position and performance of the Company, This fraud indicates a material weakness in internal financial controls, and raises significant concerns-and raises significant concerns regarding the reliability of the financial reporting, and pursuant to a Special Audit 28.5.2025, we identified material financial irregularities involving unauthorized transactions and misappropriation of funds by the Company’s Chief Financial Officer (CFO )& Director Mr. Ankit Sharma . As per the findings of the special audit report it has been determined that an amount aggregating to ₹ 88,17,931/- was misappropriated through fictitious payments, unsupported expenses and unauthorized fund transfers during the financial years 2024-25.The amount has not been recovered as of the date of the report, and the company is in the process of initiating legal and disciplinary proceedings. No provision has been made in the financial statements for the said loss.” 2. On the basis of management report the matter has reported to the Board, SEBI, and law enforcement authorities. The CFO has resigned/terminated and legal proceedings have been initiated. The Company has to be recorded an impairment and provision of Rs 88,17,931/- in the financial statements for the year ended March 31, 2026, pending full recovery and resolution. 3. In terms of resolution passed by the share holders at the Annual General Meeting held on 10.09.2024 the company allotted 14,25,00,000 fully convertible warrants of Rs.1/- each on preferential basis to other than promoters. Out of which 25% of warrant issue price has already been received in previous year and balance 75%of warrant issue price received during the year amount of Rs. 10,68,75,000/- .We have not received sufficient evidence and documents to satisfy that amount has been utilized as per the purpose mentioned under the approval for SEBI . 4. The Company has given Loan & Advances of Rs 20,19,00,000/-,up to 31st March 2026 management is unable to provide nature of advances and documentation in support of this transaction. 5. We draw attention that the company has earned "other income" amounting to Rs.58,53,624/- as interest on loan by lending money to the third parties which is out of the charter/ main objectives of Memorandum of Association of the company. 6. We draw attention that investment in equity shares (unquoted) under the head “Non Current Investment” amounting to Rs.39,50,000/- out of which Rs.37,50,000/- should be considered as impairment loss as per INDAS-36. The investment in unquoted shares of Prem Color Chem Pvt Ltd., Vishesh Developers Pvt Ltd doesn’t have the name of Virtual Global Education Limited as shareholder in their shares holders list provided by the management to us. The investment in Rock Eagle Portfolio Services Pvt Ltd. is not recoverable since company has been struck off in Registrar of Companies since 2019 as Registered Office: 1007, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, New Delhi-110034 Tel: 011-41522143, CIN: L67120DL1993PLC052256 Email: csvirtualeducation@gmail.com, website: www.virtualeducation.co.in per Ministry of Corporate Affairs. Adhunik Technology Pvt. Ltd has negative reserves resulting in a negative fair value and thus investment cannot be recovered. 7. We draw attention that the Advance given for development of project under the head “Other Non-Current Assets” amounting to Rs.19,98,87,156/-, is subject to confirmation/ reconciliation. However management has explained us that the amount is recoverable standing in the books of account. We are unable to validate the assertion of recoverability in the absence of any independent report by the competent agency & the uncertainty of presumption of future operations/ results of operations thereafter. Also in the absence of underlying documents like agreements/confirmations/contracts, we are unable to comment on the completeness of the same. 8. In the absence of appropriate evidence and underlying documents like third party confirmations, details, breakup of Training Expenses Payable under the head “Other Non- Current Liabilities” amounting to Rs 4,58,37,533/-, we are unable to comment on the sufficiency and appropriateness of the payable amount . Advance given for development of project ” under the head other noncurrent Assets amounting to Rs 96,77,974/-was adjusted with Training Expenses Payable without any justification/confirmation made available to us by the management. During the year company has Paid Rs 6,34,88,996/- against Training expenses payable, in respect of this transaction no supporting documents has been provided to us. 9. We draw your attention that in the absence of Fixed Asset Register and no physical verification report by the management / third party, we are unable to comment on the existence of the Fixed Assets. 10. We draw your kind attentio [Showing first 8,000 characters — download PDF for full document]