Virtual Global Education Limited has received a regulatory disclosure from Kiwi Dealcom Private Limited regarding the acquisition of equity shares through warrant conversion. The disclosure, filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the conversion of warrants into equity shares resulting in significant shareholding.

Shareholding Acquisition Details

Kiwi Dealcom Private Limited, represented by Director Dhananjay Mitra (DIN: 11146215), disclosed the acquisition of 2.375 crore equity shares through warrant conversion. The transaction was completed on January 30, 2026, as part of the company's warrant conversion exercise.

Warrant Conversion Process

The acquisition involved the conversion of warrants that were originally allotted through preferential allotment. Each warrant carried the right to subscribe to one equity share at ₹1 per warrant. The warrants were converted on January 30, 2026, following the completion of payment obligations.

Impact on Capital Structure

The warrant conversion has resulted in changes to Virtual Global Education's capital structure:

Regulatory Compliance

The disclosure was submitted to the Bombay Stock Exchange (BSE) where Virtual Global Education's shares are listed. Kiwi Dealcom Private Limited does not belong to the promoter or promoter group of the target company. The filing ensures compliance with SEBI regulations governing substantial acquisition of shares and takeovers.

The acquisition represents part of a larger warrant conversion exercise undertaken by Virtual Global Education, demonstrating investor confidence and providing additional capital for the company's operations and growth initiatives.

Virtual Global Education Limited has announced the resignation of Mr. Rahul Mishra from his position as Independent Director, effective from the close of business hours on January 19, 2026. The company informed BSE Limited about this development on January 20, 2026, in compliance with regulatory requirements.

Resignation Details

The resignation was submitted due to personal reasons, as stated in the official communication to the stock exchange. Mr. Mishra, who holds Director Identification Number (DIN) 01153325, has confirmed that there are no other material reasons for his resignation beyond those mentioned in his resignation letter.

Regulatory Compliance

The company has fulfilled its obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure includes all required information as per Schedule III of the regulations and SEBI Master Circular dated November 11, 2024.

Key Disclosures

As part of the mandatory disclosure requirements, the company has provided comprehensive information about the directorship change:

• Other Directorships: Mr. Mishra holds no directorships in other listed entities
• Board Committees: No memberships in board committees of other listed companies
• Material Reasons: Confirmed absence of any material reasons beyond personal circumstances
• Documentation: Complete resignation letter with detailed reasons has been submitted

Company Information

Virtual Global Education Limited is listed on BSE with scrip code 534741 and ISIN INE247C01023. The company's registered office is located at RG Trade Tower, Netaji Subhash Place, Pitampura, Delhi. The resignation notification was signed by Prasanna Laxmidhar Mohapatra, Whole-Time Director of the company.

The board accepted the resignation on January 20, 2026, and will take necessary steps to file required forms with the Registrar of Companies to formalize the directorship change.