Virtual Galaxy Infotech Ltd (VGINFOTECH) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Virtual Galaxy Infotech Ltd on NSE and BSE, with an AI summary of each filing.
Virtual Galaxy Infotech Limited informs the exchange regarding the Non-Applicability of Corporate Governance for the quarter ended September 30, 2026
Others (Uncategorized) · 08 Oct 2026, 5:16 pm
Virtual Galaxy Infotech Corporate Governance Exemption and Zero Complaints Virtual Galaxy Infotech Limited announced the non-applicability of SEBI Corporate Governance compliance requirements for the quarter ended 30th Sep'26, as its specified securities are listed on the NSE SME Exchange. Consequently, the company is exempt from submitting quarterly Corporate Governance Reports under Regulation 15 of SEBI LODR Regulations, 2015. Additionally, per the statement from Registrar and Share Transfer Agent Maashitla Securities, the company reported zero investor complaints received, disposed of, or pending resolution during the quarter ended 30th Sep'26.
Virtual Galaxy Infotech Limited has informed the Exchange regarding Change in Director(s) of the company.
Change in Management · 26 Sept 2026, 6:35 pm
Virtual Galaxy Infotech Approves Appointment of Sunil Kulkarni as Director Virtual Galaxy Infotech Limited announced that shareholders approved the regularisation of Mr. Sunil Kulkarni as a Professional Non-Executive Director at the AGM on 24th Sep'26, following his board appointment on 31st Aug'26. With over 35 years of experience in fintech and digital payments, Kulkarni’s background includes leadership roles at the Payments Council of India and BCFI. His expertise will support the company’s proposed Payment Aggregator and Prepaid Payment Instruments initiatives, including regulatory approvals. He holds no equity shares in the company.
Virtual Galaxy Infotech Limited has informed the Exchange regarding voting results of Annual General Meeting held on September 24, 2026
Annual General Meeting · 26 Sept 2026, 5:35 am
Virtual Galaxy Infotech Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 24, 2026
Annual General Meeting · 26 Sept 2026, 5:30 am
Virtual Galaxy Infotech Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 24, 2026
Annual General Meeting · 24 Sept 2026, 10:28 pm
Virtual Galaxy Infotech Limited has informed the Exchange about its participation in Arihant Capital Bharat Connect Virtual Conference Rising Star 2026 on Friday, 25 September 2026
Intimation · 19 Sept 2026, 8:08 pm
Virtual Galaxy Infotech to Attend Arihant Capital Bharat Connect Virtual Conference Virtual Galaxy Infotech Limited announced that its management will participate in the Bharat Connect Virtual Conference Rising Star 2026, organized by Arihant Capital. The group meeting is scheduled for Fri, 25th Sep'26, from 12:00 PM to 1:00 PM. Discussions with investors and analysts will be based solely on publicly available information, with no unpublished price-sensitive information being shared.
Virtual Galaxy Infotech Limited has informed the Exchange regarding Corrigendum to Notice of Annual General Meeting
Annual General Meeting · 15 Sept 2026, 10:10 pm
Virtual Galaxy Infotech Limited has informed the Exchange about Copy of Newspaper Publication regarding the Notice of AGM & Remote E-Voting
Annual General Meeting · 03 Sept 2026, 6:41 pm
Virtual Galaxy Infotech Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2026
Annual General Meeting · 02 Sept 2026, 9:01 pm
Virtual Galaxy Infotech Limited has informed the Exchange regarding Appointment of Mr Sunil Kulkarni as Non- Executive Additional Director of the company w.e.f. August 31, 2026.
Change in Management · 01 Sept 2026, 12:34 am
Virtual Galaxy Board Approves Key Appointments, AGM, and IPO Fund Reallocation Virtual Galaxy Infotech’s board, on 31 Aug'26, approved the FY26 Board's Report and scheduled the AGM for 24 Sep'26. Key approvals include the re-appointment of Director Mr. Avinash Shende and the appointment of Mr. Sunil Kulkarni as an Additional Non-executive Director. The board also sanctioned material related party transactions totaling ₹90 crore and approved the reallocation of unutilised IPO proceeds towards data centre upgrades, marketing, and working capital, subject to shareholder approval. The record date for AGM e-voting eligibility is 28 Aug'26.
Virtual Galaxy Infotech Limited has informed the Exchange regarding Outcome of Board Meeting held on August 31, 2026.
Outcome · 01 Sept 2026, 12:07 am
Virtual Galaxy Infotech Board Approves Key Appointments and IPO Fund Reallocation Virtual Galaxy Infotech's board on 31 Aug'26 approved several key items. Sunil Kulkarni, with 35 years of fintech experience, was appointed as an Additional Non-Executive Director. The board also approved the re-appointment of director Avinash Shende. Importantly, it approved the variation and reallocation of unutilised IPO proceeds towards data centre upgrades, marketing, and working capital. The company will also enter into material related party transactions of ₹45 crore each with Finverse Private Ltd. and Paynext Private Ltd., subject to shareholder approval. The AGM is set for 24 Sep'26.
Virtual Galaxy Infotech Limited has informed the Exchange regarding Outcome of Board Meeting held on August 31, 2026.
Outcome · 31 Aug 2026, 11:56 pm
Virtual Galaxy Board Approves Key Appointments, AGM, and IPO Fund Reallocation Virtual Galaxy's Board, on 31st Aug'26, approved the FY26 financial report and scheduled its AGM for 24th Sep'26. Key proposals include the appointment of Sunil Kulkarni as an Additional Non-Executive Director to leverage his fintech expertise for the company's Payment Aggregator plans. The board also approved the reappointment of Director Avinash Shende. Importantly, it approved reallocating unutilised IPO proceeds towards data centre upgrades, marketing, and working capital. Material related party transactions worth ₹45 crore each with Finverse and Paynext were also approved.
Virtual Galaxy Infotech Limited Has Informed the Exchange Regarding the Q1 FY27 Earnings Update
Others (Uncategorized) · 26 Aug 2026, 11:30 pm
VGIL Q1 FY27: Strong Revenue Growth Driven by New Contracts and Stable Margins Virtual Galaxy Infotech (VGIL) reported strong Q1 FY27 results with revenue from operations at ₹40.4 crore, up 60% YoY, and EBITDA at ₹22.6 crore, a 52% YoY increase. The order book surged 100% YoY to ₹145.5 crore. Key business developments include securing a US$1.1 million software contract with Botswana Development Corporation and a US$550K digital payments order in Zimbabwe. The company reiterated its 40-50% FY27 revenue growth guidance. Continued R&D investments and a two-year MoU with Konkan Railway for ERP and AI opportunities signal future growth.
Virtual Galaxy Infotech Limited has informed the Exchange about receipt of Purchase Order from Mizoram Cooperative Apex Bank Ltd. for Core Banking Solution (CBS) Upgradation on ASP Model
Others (Uncategorized) · 19 Aug 2026, 6:01 pm
Virtual Galaxy Infotech Secures ₹5.45 Crore Core Banking Order Virtual Galaxy Infotech received a purchase order on 18th Aug'26 from existing customer Mizoram Cooperative Apex Bank. The order, worth approximately ₹5.45 crore over five years, is for upgrading its Core Banking Solution to an ASP model. This includes the head office, 36 branches, and digital banking platforms. The contract consists of a one-time setup charge and recurring monthly fees, reinforcing a relationship active since 2012. The project has a two-month implementation timeline. The transaction is not with a related party.
Virtual Galaxy Infotech Limited has informed the Exchange about General Updates
Others (Uncategorized) · 17 Aug 2026, 8:10 pm
Virtual Galaxy Infotech Clarifies Reporting Framework for Q1FY26 Virtual Galaxy Infotech (VGINFOTECH) clarified a note in its results for the quarter ended 30 Jun'25. The company, listed on the SME platform since 19 May'25, was previously on a half-yearly reporting framework. Thus, Q1FY26 results were not required, and no prior-year comparative data was presented. The company voluntarily adopted quarterly reporting from the quarter ending 31 Dec'25. This clarification is a management disclosure, not an audit qualification or adverse comment from the auditors, intended to clarify the basis of presentation.
Virtual Galaxy Infotech Limited has informed the Exchange regarding submission of the Monitoring Agency Report for the Quarter ended on 30th June, 2026
Others (Uncategorized) · 14 Aug 2026, 10:31 pm
Virtual Galaxy Infotech Reports Deviation in IPO Fund Utilization for Q1 FY27 Virtual Galaxy Infotech reported a deviation in the utilization of its IPO proceeds for the quarter ended 30th Jun'26. The company utilized an additional Rs. 11.80 crore for working capital needs in Q1 FY27, exceeding the Rs. 27.97 crore earmarked for this purpose which was fully used by H1 FY26. This overutilization constitutes a 10-25% deviation from the revised IPO objects approved on 29th Sep'25. The extra funds were directed towards salary payments (Rs. 5.97 crore) and software maintenance materials.
Virtual Galaxy Infotech Limited has submitted to the Exchange, the Unaudited Financial Results of the Company for the quarter ended 30th June, 2026, along with the Limited Review Report
Outcome · 14 Aug 2026, 10:17 pm
Virtual Galaxy Infotech Reports Q1FY27 Results and Updates on Warrants For Q1FY27 ended 30 Jun'26, Virtual Galaxy Infotech reported revenue of ₹4,037.56 lakhs and a net profit of ₹920.14 lakhs. Sequentially, revenue fell 26.1% QoQ while net profit declined 36.5% QoQ. The board also approved the unaudited results and a monitoring report on IPO fund utilization. Auditors highlighted the issuance of 12,43,432 convertible warrants at ₹159 each. As of 30 Jun'26, none were converted. From the total issue amount of ₹1,977.06 lakhs, ₹494.26 lakhs was received and ₹490.00 lakhs was utilized.
Virtual Galaxy Infotech Limited has informed the Exchange about Schedule of Investors meet to be held on Friday, August 21, 2026
Intimation · 13 Aug 2026, 10:04 pm
Virtual Galaxy Infotech Schedules Investor Meeting in Mumbai Virtual Galaxy Infotech (VGINFOTECH) has scheduled a physical investor meeting for Fri, 21 Aug'26, in Mumbai. The event will run from 10:00 AM to 7:00 PM at the Grand Hyatt, Santacruz. It will feature group and one-on-one sessions with management, including Chairman, Executive Director & CFO, Mr. Avinash Shende. Discussions will be based on publicly available information, with no unpublished price-sensitive information (UPSI) to be disclosed. The meeting is organized by Neo Atlas Capital Advisory LLP.
To consider and approve the Standalone unaudited Financial Results along with limited review report thereon for the quarter ended on 30th June, 2026
Intimation · 29 Jun 2026, 5:30 am
Virtual Galaxy Infotech Limited has informed the Exchange regarding a press release dated July 21, 2026, titled "Virtual Galaxy Infotech Secures Cyber Security Services Order from BDCC Bank: Long-standing Banking Relationship Expands with AI-Powered Cyber Security Operations Centre (C-SOC - SaaS) Platform".
Press Release · 21 Jul 2026, 9:12 pm
Virtual Galaxy Infotech Wins Cyber Security Order from BDCC Bank Virtual Galaxy Infotech (VGINFOTECH) has secured a Cyber Security Operations Centre (C-SOC) SaaS contract from The Buldana District Central Co-operative Bank (BDCC) on 21st Jul'26. The order includes SIEM, SOAR, and 24x7 monitoring. This deal expands a decade-long relationship, as BDCC has used the company's core banking solution since 2014. The win supports VGINFOTECH's strategy to expand its recurring SaaS revenue base by cross-selling advanced cybersecurity services to its existing clientele of over 180 financial institutions.
Virtual Galaxy Infotech Limited has informed the Exchange about receipt of Work Order for Cyber Security Operations Centre as a Service [C-SoC SaaS] from the Buldana District Central Co-operative Bank Ltd.
Others (Uncategorized) · 17 Jul 2026, 6:15 pm
Virtual Galaxy Infotech Secures ₹1.53 Crore Cyber Security Contract Virtual Galaxy Infotech (VGINFOTECH) has received a work order worth approx. ₹1.53 crore from The Buldana District Central Co-operative Bank. The contract, announced on 17th Jul'26, is for implementing and managing Cyber Security Operations Centre services (C-SoC SaaS) for a minimum of five years. This order strengthens the company's existing relationship with the bank, to whom it has been providing Core Banking Software (CBS) solutions since 2014. The deal is a domestic contract with no promoter group or related party interest.
Virtual Galaxy Infotech Limited has informed the Exchange about execution of an Addendum to the Agreement with DCB Commercial Bank PLC, Tanzania
Others (Uncategorized) · 15 Jul 2026, 8:40 pm
Virtual Galaxy Infotech Extends USD 15.39M Contract with Tanzania's DCB Bank Virtual Galaxy Infotech executed an addendum on 15 Jul'26 to extend its agreement with DCB Commercial Bank PLC, Tanzania. The contract covers post-implementation support and maintenance for its E-Banker Core Banking Solution. This extends a decade-long relationship, with the agreement now valid until 27 May'36. The aggregate contract value is approximately USD 15.39M. The deal is not a related party transaction and involves no promoter group interest, reinforcing the company's long-standing international business relationship.
Virtual Galaxy Infotech Limited has informed the Exchange about Clarification regarding Revenue Disclosure in Business Updates Q1 FY 2026-27
Others (Uncategorized) · 15 Jul 2026, 8:28 pm
VGINFOTECH: Clarification on Q1 FY27 Revenue Composition Virtual Galaxy Infotech issued a clarification on its Q1 FY27 revenue figures dated 15th Jul'26. Total Revenue from Operations was ₹40.4 Crores. Within this, revenue from the sale of products and services was ₹39.4 Crores. The company specified that the reported SaaS Services Revenue of ₹17.9 Crores is a component of the ₹39.4 Crores figure, not additional revenue. This separate disclosure was made to provide greater transparency on the contribution of its SaaS business segment to total operating revenue.
Virtual Galaxy Infotech Limited has informed the Exchange about Business Update Q1 FY 2026-27
Others (Uncategorized) · 15 Jul 2026, 4:14 pm
Virtual Galaxy Infotech Q1 FY27 Update: Strong Growth and Key Contract Wins Virtual Galaxy Infotech reported robust Q1 FY27 results, with revenue from operations growing 60% YoY to ₹40.4 crores. Growth was driven by strong product sales (+69% YoY) and SaaS revenue (+66% YoY). The company secured a US$1.1M software contract with Botswana Development Corporation and a US$550K digital payments order in Zimbabwe. The order book doubled YoY to ₹145.5 crores. Management reiterated its full-year FY27 revenue growth guidance of 40-50%, signaling continued momentum and expansion in Southern Africa.
Virtual Galaxy Infotech Limited has informed the Exchange regarding a press release dated July 09, 2026, titled "Virtual Galaxy Infotech Wins Prestigious TECHNOVITI 2026 Award for AI-Powered Cybersecurity Platform 'Cyber Sentinel'".
Press Release · 09 Jul 2026, 5:02 pm
Virtual Galaxy Infotech Wins Award for AI Cybersecurity Platform 'Cyber Sentinel' Virtual Galaxy Infotech (NSE: VGINFOTECH) announced on 9th Jul'26 it won the TECHNOVITI 2026 Award for its AI-powered cybersecurity platform, Cyber Sentinel. The award, organized by Banking Frontiers, recognizes innovation in the BFSI technology ecosystem. Cyber Sentinel is an enterprise-grade Security Operations Centre (SOC) platform integrating AI, SIEM, SOAR, and UEBA. This recognition highlights the company's focus on providing advanced cybersecurity solutions for financial institutions, fintechs, and government organizations, reinforcing its position in the AI, cybersecurity, and digital transformation sectors.