Virtual Galaxy Infotech Limited Submits Annual Promoter Disclosure Under SEBI Takeover Regulations for FY26

1 min read     Updated on 16 May 2026, 03:39 AM
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Virtual Galaxy Infotech Limited filed its annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the NSE on 3rd April 2026 for the financial year ended 31st March 2026. Promoter Avinash Narayanrao Shende declared that no encumbrance, direct or indirect, was created or invoked on the equity shares held by the Promoter and Promoter Group during the said financial year. The disclosure was submitted by Company Secretary and Compliance Officer Anjali Padhye and has been forwarded to the Audit Committee for record.

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Virtual Galaxy Infotech Limited has submitted its annual disclosure to the National Stock Exchange of India Limited (NSE) in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, dated 3rd April 2026, pertains to the financial year ended 31st March 2026 and covers declarations from the Promoter and Persons Acting in Concert (PAC).

Regulatory Disclosure Details

The disclosure was filed by the Company Secretary and Compliance Officer, Anjali Padhye, on behalf of Virtual Galaxy Infotech Limited. The submission confirms that the company has received the requisite annual disclosures from its Promoters along with Persons Acting in Concert, as mandated under the applicable SEBI regulations.

Key details of the filing are summarised below:

Parameter: Details
Filing Date: 3rd April 2026
Regulation: Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year: Ended 31st March 2026
Filed With: National Stock Exchange of India Limited
Filed By: Anjali Padhye, Company Secretary & Compliance Officer

Promoter Declaration on Encumbrance

Promoter Avinash Narayanrao Shende, on behalf of the Promoter and Promoter Group of Virtual Galaxy Infotech Limited, submitted a declaration confirming that during the financial year ended 31st March 2026, no encumbrance — direct or indirect — was created or invoked on the equity shares of the company held by the Promoter and Promoter Group.

The key highlights of the promoter's declaration are as follows:

  • Declarant: Avinash Narayanrao Shende, Promoter of Virtual Galaxy Infotech Limited
  • Declaration Period: Financial year ended 31st March 2026
  • Encumbrance Status: No encumbrance created or invoked, directly or indirectly, on promoter-held equity shares
  • Submitted To: National Stock Exchange of India Limited

Company Background

Virtual Galaxy Infotech Limited, formerly known as Virtual Galaxy Infotech Pvt. Ltd., is headquartered at Plot No. 26, The Nagpur Divisional Insurance Employees' Co-operative Housing Society Limited, Vivekanand Nagar, Nagpur, Maharashtra. The company operates across segments including Software Development, E-governance Solutions, AI & Data Analytics, System Integration, and IT Facility Management & Data Center Services. The company holds certifications including ISO/IEC 27001:2013, ISO/IEC 20000-1:2018, ISO/IEC 23001-7:2023, and ISO 9001:2015.

The annual disclosure has been forwarded to the Audit Committee and the company's registered office for record purposes, in accordance with regulatory requirements.

Historical Stock Returns for Virtual Galaxy Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.17%-1.82%-1.27%-6.29%-21.59%-21.59%

How might Virtual Galaxy Infotech's clean encumbrance record influence institutional investor confidence and potential stake acquisitions in the company going forward?

Given the company's focus on AI & Data Analytics and E-governance Solutions, what government contracts or partnerships could drive significant revenue growth in FY2027?

Could the promoter group's unencumbered shareholding position Virtual Galaxy Infotech as a potential acquisition target or enable strategic fundraising through share pledging in the near future?

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Virtual Galaxy Secures ₹20 Crore Contract Spanning 7 Years

1 min read     Updated on 02 Jul 2025, 01:33 PM
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Virtual Galaxy Infotech, an SME sector company, has won a significant business contract valued at ₹20 crore with a duration of 7 years. This long-term deal is expected to provide the company with a stable revenue stream and potentially strengthen its market position. The contract could offer opportunities for growth and may boost investor confidence. However, specific details about the nature of services or products to be provided under this contract have not been disclosed.

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Virtual Galaxy Infotech , an SME sector company, has recently clinched a significant business deal, marking a notable achievement in its operations. The company has successfully secured a contract valued at ₹20 crore, with a substantial duration of 7 years.

Contract Details

  • Contract Value: ₹20.00 crore
  • Duration: 7 years

This long-term contract represents a major milestone for Virtual Galaxy Infotech, potentially providing the company with a stable revenue stream over the next seven years. The extended duration of the contract may offer Virtual Galaxy Infotech a degree of financial stability and the opportunity for sustained growth.

Implications for Virtual Galaxy Infotech

The securing of this contract could have several positive implications for Virtual Galaxy Infotech:

  1. Revenue Stability: The seven-year duration of the contract may provide a consistent source of income, potentially aiding in financial planning and stability.

  2. Market Position: Winning a contract of this magnitude could strengthen Virtual Galaxy Infotech's position within its industry sector.

  3. Growth Opportunities: The substantial value of the contract might allow the company to invest in expansion or improvement of its services.

  4. Investor Confidence: Such a significant deal could potentially boost investor confidence in the company's future prospects.

While the specific details of the contract, including the nature of services or products to be provided, have not been disclosed, the size and duration of the deal suggest it is a significant development for Virtual Galaxy Infotech.

As an SME, securing a contract of this scale could be transformative for Virtual Galaxy Infotech's business operations and market standing. However, it's important to note that the full impact of this contract on the company's overall financial health and performance remains to be seen in future financial reports.

Historical Stock Returns for Virtual Galaxy Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.17%-1.82%-1.27%-6.29%-21.59%-21.59%
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1 Year Returns:-21.59%