Virtual Galaxy Infotech MD, chairman and AGM

Virtual Galaxy Infotech board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Statutory auditor

Named in the results for the quarter to Jun 2026.

K. K. Mankeshwar & Co.Peer-review certificate valid to Apr 2028

1 earlier auditor

M/s. K K Mankeshwar & CoNamed in the filing for the quarter to Sep 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Virtual Galaxy Infotech AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Virtual Galaxy Infotech dividend history

Annual general meeting, 24 Sep 2026

1,750 shareholders on the register on 16 Sep 2026; present: 4 promoters and 23 others; votes counted by Varun Nashine / SAND & Associates.The company's voting result (opens in a new tab)

To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.58% · promoters 99.98% · institutions 0.00% · other public 16.93%
To appoint a Director in place of Mr. Avinash Narayanrao Shende (DIN: 02179381), who retires by rotation and, being eligible, offers himself for re-appointment.
OrdinaryPromoters have an interest in it
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 40.50% · promoters 53.70% · institutions 0.00% · other public 16.93%
To confirm the interim dividend of Re.1/- per equity share declared by the Board on November 14th, 2025 as final dividend for the financial year ended March 31st, 2026.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.58% · promoters 99.98% · institutions 0.00% · other public 16.93%
To approve Material Related Party Transactions with Finverse Private Limited (Formerly Known as Virtual Galaxy Fintech Private Limited).
OrdinaryPromoters have an interest in it
99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 5.59% · promoters 0.00% · institutions 0.00% · other public 16.93%
To approve Material Related Party Transactions with Paynext Private Limited.
OrdinaryPromoters have an interest in it
99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 5.59% · promoters 0.00% · institutions 0.00% · other public 16.93%
To approve the Variation in the Objects of the Initial Public Offer (IPO)
Special
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 70.58% · promoters 99.98% · institutions 0.00% · other public 16.93%
To Regularise Mr. Sunil Kulkarni (DIN: 02714177) as Professional Non-Executive Director
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.58% · promoters 99.98% · institutions 0.00% · other public 16.93%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹59.8 Cr13 dealings, 5 loans and advances
Half-year to Sep 2025: ₹31.3 Cr8 dealings, 2 loans and advances
Half-year to Mar 2025: ₹38.3 Cr11 dealings, 2 loans and advances

Between	Dealing
Virtual Galaxy Infotech Limited and Virtual Galaxy Fintech Private LimitedEnterprises over which parties listed in have significant influence and transactions are carried out during the year.	Purchase of goods or services	20.00	19.92	0.09	0.00
Virtual Galaxy Infotech Limited and Paynext Private LimitedEnterprises over which parties listed in have significant influence and transactions are carried out during the year.	Sale of goods or servicesAny other, 0	20.00	16.92	10.32	0.21
Virtual Galaxy Infotech Limited and Paynext Private LimitedEnterprises over which parties listed in have significant influence and transactions are carried out during the year.	Loan	20.00	8.07	8.07	0.00
Virtual Galaxy Infotech Limited and Virtual Galaxy Fintech Private LimitedEnterprises over which parties listed in have significant influence and transactions are carried out during the year.	AdvanceAdvance, 0, unsecured, Ordinary course of Business	20.00	3.77	0.00	3.77
Virtual Galaxy Infotech Limited and Sachin P PandeManaging Director & CTO	LoanLoan, 0	–	2.85	0.00	2.85
Virtual Galaxy Infotech Limited and Paynext Private LimitedEnterprises over which parties listed in have significant influence and transactions are carried out during the year.	AdvanceAdvance, 0, unsecured, Ordinary course of Business	20.00	2.85	0.00	2.85
Virtual Galaxy Infotech Limited and Avinash N ShendeExecutive Director & CFO	LoanLoan, 0	–	1.87	0.90	2.77
Virtual Galaxy Infotech Limited and Avinash N ShendeExecutive Director & CFO	Remuneration	–	1.52	0.00	0.00
Virtual Galaxy Infotech Limited and Sachin P PandeManaging Director & CTO	Remuneration	–	1.52	0.00	0.00
Virtual Galaxy Infotech Limited and Anjali PadhyeKey Managerial Personnel	Remuneration	–	0.19	0.00	0.00
Virtual Galaxy Infotech Limited and Sampada PandeSpouse of the Director	Remuneration	–	0.18	0.00	0.00
Virtual Galaxy Infotech Limited and Shilpa ShendeSpouse of the Director	Remuneration	–	0.18	0.00	0.00
Virtual Galaxy Infotech Limited and Paynext Private LimitedEnterprises over which parties listed in have significant influence and transactions are carried out during the year.	Purchase of goods or services	20.00	0.00	0.04	0.00

The 13 largest of 13 dealings in the half-year to Mar 2026, ₹ crore.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

Received
Resolved

Open at the quarter's end

None open at any quarter's end.

The filing has a part on fines and penalties: No
The filing has a part on tax disputes: No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026.

Raised	Amount raised	For	Set aside	Spent	Spent elsewhere	Spent elsewhere, amount	Reason and comments
Public IssuesMay 2025, checked by Infomerics Valuation and Rating Limited	93.29	a) Purchase of Land on lease at Mihan SEZ, Nagpur, Maharashtra [Rs. 6.30 CR] and b) Working Capital Requirements [Rs. 27.97 CR]	34.27	39.77	Yes	11.80	As per the revised objects approved through the Shareholders’ Resolution passed at the EGM dated September 29, 2025, Object No. 3 pertains to working capital requirements, towards which the company had utilized the entire earmarked amount of Rs. 27.97 crore during H1 FY26. During Q1 FY27, the company further utilized Rs. 11.80 crore towards working capital requirements, of which Rs. 5.97 crore was utilized towards salary payments for April to June 2026 and the balance towards purchase of materials for software maintenance. Accordingly, the additional utilization of Rs. 11.80 crore during Q1 FY27 was in excess of the amount earmarked under the revised Object No. 3 and is considered a deviation from the revised objects of the issue.MoreLess
OthersApr 2026	4.94	0	0.00	0.00	No

₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.