BSEVirgo Global LtdHighNegative
Announced Thu, 25 Dec · 15:51 IST

Disclosure as required under Reg 30 read with Part A Para A of schedule III of SEBI LODR and SEBI Circular dated 13.07.2023

Management Changes View source PDF

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AI summary

Virgo Global Limited announced two board changes effective December 24, 2025. Ms. Payal Jain has been appointed as an Additional Director (Independent) under Section 161 of the Companies Act, 2013. She brings over a decade of experience in finance and general management and is not related to any existing director or key managerial personnel. Separately, Ms. Sonal Jain (DIN: 07885062) has resigned from her position as Director due to pre-occupation, with no other material reasons disclosed. The board meeting where these changes were decided ran from 5:00 PM to 6:30 PM on December 24, 2025.

Likely market impact

These are routine board-level changes with no impact on operations or financials. Shareholders should note one independent director exit due to personal reasons and a new independent director joining, which maintains the board's independent composition.