Virgo Global Ltd

Virgo Global Limited — Trading window closed from 01 October 2026 till 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026.

AGM details

• AGM held on 28 September 2026 at 12:00 IST via VC/OAVM.
• Cut-off date for voting: 21 September 2026.
• Total shareholders on record: 10,568.
• Remote e-voting period: 25–27 September 2026; e-voting concluded 29 September 2026.

Key resolutions

• Resolution 1 (Ordinary): Adopt audited financial statements for FY 2026.
• Resolution 2 (Ordinary): Re-appoint Rajesh Gandhi as Director by rotation.
• Resolution 3 (Ordinary): Appoint Manish Kumar Jain as Non-Executive Independent Director.
• Resolution 4 (Ordinary): Appoint Payal Jain as Whole-Time Director.

Voting outcomes

• Resolution 1: Passed by requisite majority.
• Resolution 2: Passed by requisite majority.
• Resolution 3: Passed by requisite majority.
• Resolution 4: Passed by requisite majority.

Directors changes

• Manish Kumar Jain appointed as Non-Executive Independent Director.
• Payal Jain appointed as Whole-Time Director.
• Rajesh Gandhi re-appointed as Director by rotation.

AGM Details

• Date and time: 28 September 2026 at 12:00 noon.
• Mode: VC/OAVM.
• Meeting concluded at 12:25 PM.

Resolutions

• Item 1 (Ordinary): Adopt audited financial statements and reports.
• Item 2 (Ordinary): Re-appoint director by rotation.
• Item 3 (Special): Appoint independent director.
• Item 4 (Special): Appoint Whole-Time Director.

Voting and Outcome

• Outcome not disclosed; results will be announced after scrutinizer's report.

Other details

• Notice and annual report circulated to members; e-voting facility enabled.

Key details

• Target company: Virgo Global Limited.
• Acquirer: Shri Nakoda Logistics Private Limited; not promoter group.
• Transaction type: disposal of voting rights via open market.
• Pre-transaction holding: 21,38,328 shares (20.36%).
• Shares disposed: 15,75,856 voting rights (15.00%).
• Post-transaction holding: 5,62,472 shares (5.36%).
• Date of transaction: 18 September 2026.
• Share capital before/after: 1,05,04,300 shares; diluted: 1,05,04,300.
• Mode: Open Market.

Financial results approved

• Unaudited standalone quarterly results for quarter ended 30.06.2026 approved by the Board.

Audit committee action

• Audit Committee reviewed and recommended the results; Limited Review Report attached.
• Limited Review Report dated 14 Aug 2026 issued by Sharad Chandra Toshniwal & Co.

Auditor remarks

• Audit review concluded no material misstatement; did not express an audit opinion.

Meeting Details

• Board meeting on 14 August 2026 at 05:00 PM at the registered office, Hyderabad.

Key Agenda Items

• Unaudited financial results for quarter ending 30 June 2026.
• Any other business with permission of the Chair.

Other Notes

Management changes

• Ms. Payal Jain resigns as Independent Director, effective 16 July 2026 (per letter dated 15 July 2026).
• Mr. Prabhaker Reddy Aedla resigns as Independent Director, effective 16 July 2026 (per letter dated 15 July 2026).
• Mr. Manish Kumar Jain appointed as Independent Additional Director, effective 03 August 2026.
• Ms. Payal Jain appointed as Additional Director, as Whole Time Director, for five years from 03 August 2026.
• Ms. Payal Jain appointed as Chief Financial Officer, effective 03 August 2026.
• Payal Jain is not related to any Director of the Company.
• Manish Kumar Jain: Graduate in business management; expertise in taxation, IT and corporate laws, SEBI regulations.
• Payal Jain profile: Finance professional; experience in Finance, Accounts, Corporate Planning, Business Strategy, governance.

Resignations

• Ms. Payal Jain resigned as Independent Director, effective 16 July 2026 per letter dated 15 July 2026.
• Mr. Prabhaker Reddy Aedla resigned as Independent Director, effective 16 July 2026 per letter dated 15 July 2026.

Appointments

• Mr. Manish Kumar Jain appointed as Additional Independent Director, effective 3 August 2026.
• Profile: Graduate in business management; expertise in taxation, IT laws, SEBI regulations.
• Not related to any Director or KMP.
• Ms. Payal Jain appointed Additional Director and Whole Time Director for five-year term from 3 August 2026.
• CFO appointment: Ms. Payal Jain appointed as CFO, effective 3 August 2026.
• Terms of CFO appointment: Board mutually decided.
• Not debarred from holding director office per SEBI order.

Governance Impact

• Board composition updated due to resignations of two Independent Directors.

Resignation of Independent Directors

• Payal Jain, Independent Director, resignation effective 16 July 2026 (close of business) due to pre-occupation.
• Prabhaker Reddy Aedla, Independent Director, resignation effective 16 July 2026 (close of business) due to pre-occupation.
• There are no other material reasons for either resignation beyond those stated.
• No board/committee changes specified in filing.

Dematerialisation processing and listing status

• Dematerialisation of securities completed; listed on the stock exchanges where applicable.
• Physical certificates forwarded for dematerialisation were mutilated and cancelled.
• Depository name updated as registered owner in the records.
• Actions completed within 15 days of certificate receipt.