Virtual Global Education has informed that a meeting of the board of directors of the company will be held on December 15, 2012, for transaction of the following business:
To consider and approve the increase in the authorised share capital of the company, the new issue of allotment of convertible warrants / shares on preferential basis, to the strategic investors and promoters under section 81(1A) of the Companies Act, 1956, appointment of additional director(s) / CEO of the company and to fix date, time and venue for holding of extra-ordinary general meeting of the company.
The above information is a part of company’s filings submitted to BSE.