Announced Tue, 10 Feb · 14:50 IST

Scrutinizer Report of the Extra-Ordinary General Meeting of the Company held on 06th February, 2026.

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Awaiting price reaction for this filing.

AI summary

Virtual Global Education Limited held an Extra-Ordinary General Meeting (EGM) on 6 February 2026 via video conferencing. One resolution was put to vote: to regularize the appointment of Mr. Prasanna Laxmidhar Mohapatra (DIN: 09528267) as Whole-Time Director. A total of 89 members cast votes (64 through remote e-voting and 25 at the venue), representing 97,76,360 shares. The resolution was passed with 99.94% votes in favour (97,70,293 shares) and only 0.06% against (6,067 shares). Promoters voted 100% in favour with 50,00,000 shares, while public non-institutions voted 99.87% in favour with 47,76,360 shares. The Scrutinizer, CS Chandan Jha, submitted his report on 9 February 2026 confirming the results.

Likely market impact

The appointment of Mr. Mohapatra as Whole-Time Director is now formally regularized, with near-unanimous shareholder support. However, only 2.31% of outstanding shares were polled, indicating very low shareholder participation, which is common for small-cap companies and reduces the meaningfulness of the voting outcome for retail investors.