Virtual Global Education has received an approval to raise funds by way of issue of equity shares to the existing shareholders of the company on a rights basis up to Rs 100 crore. The board of Directors of the company in its meeting held on January 16, 2018 considered and approved the same.
The Board has also considered and approved the proposal to issue and list its American Depository Receipts and/or Global Depository Receipts of the Company on NASDAQ or such other overseas exchanges subject to the necessary regulatory approvals, compliances and other applicable laws.
Virtual Global Education is a professional company engaged in the study, research, training and development of integrated facilities in higher and vocational training arena.
