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Virtual Global Education gets nod to raise funds up to Rs 14.25 crore

26 Aug 2023 Evaluate

Virtual Global Education has received approval for funds raising to augment the long-term financial resources of the company by way of creating, issuing and allotting up to 14,25,00,000 fully Convertible Warrants (Warrants), carrying a right exercisable by the Warrant holder to subscribe to one Equity Share having face value of Rs 1 per Warrant, to persons belonging to ‘Non-Promoter, Public Category’ on preferential basis at an issue price of Rs 1 per Warrant, subject to shareholders' approval and other statutory approvals, in accordance with provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended up-to-date and applicable provisions of Companies Act, 2013 and rules made there-under, aggregating amount of up to Rs 14.25 crore for cash. The Board of Directors in its meeting held on August 25, 2023 has considered and approved the same. 

Virtual Global Education Limited is a professional company engaged in the study, research, training and development of integrated facilities in higher and vocational training arena.


Virtual Global Educ. Share Price

0.51 0.00 (0.00%)
21-Apr-2026 16:59 View Price Chart
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