Board meet on 21 Oct 2026: Q2 results, KMP appointment, subsidiary sale and fund-raising on agenda
Board meeting on Wednesday, 21 October 2026 at 02:00 PM at the registered office.
By ScoutQuest · · 2 min read
- Board Meeting Date
- Wednesday, 21 October 2026 at 02:00 PM
- Financial Results Period
- Unaudited Financial Results for the quarter ended 30 September 2026
- Subsidiary Sale/Disposal Proposal
- M/s Shikshan School Private Limited
The company has told the exchange that its Board of Directors will meet on Wednesday, 21 October 2026 at 02:00 PM at the registered office. This is an intimation of a scheduled meeting, and the agenda below is what the Board will take up.
What the Board will take up
- Consider and approve the Unaudited Financial Results for the quarter ended 30 September 2026.
- Consider and approve the appointment of Key Managerial Personnel of the company.
- Consider and approve the proposal for sale/disposal of the company's subsidiary, M/s Shikshan School Private Limited.
- Consider and deliberate upon a proposal for raising of funds for meeting the financial requirements of the company, through issuance of equity shares, securities, convertible instruments or such other permissible securities, by way of such mode as may be considered appropriate, subject to applicable statutory and regulatory approvals, including approval of the shareholders, and to appoint necessary intermediaries, if any.
- Any other matters with the permission of the chair.
Why each item can matter
- Quarterly results show how the business performed in the three months ended 30 September 2026 and are a regular periodic disclosure.
- A change in Key Managerial Personnel relates to the company's senior management, which investors generally track.
- A subsidiary sale or disposal changes the group's structure and what the company owns.
- A fund-raising proposal can change the company's capital structure, depending on the mode finally chosen and the approvals obtained.
What the update says, and what it does not say
- Each item is worded as something the Board will consider and approve, or consider and deliberate upon. It is an agenda for a meeting, so it indicates what will be discussed, not an outcome.
- The fund-raising item is stated as a proposal to be deliberated upon, subject to applicable statutory and regulatory approvals, including approval of the shareholders.
How to read this
- A board meeting intimation is a routine disclosure that tells shareholders in advance what the Board will discuss.
- The actual decisions, and any figures connected with them, would come from the company after the meeting.
- Investors may want to follow the company's subsequent disclosures for the outcome of each agenda item.
Also from Virtual Global Education
Board approves proposal for sale of subsidiary Shikshan School Private Limited
21 Oct 2026
Board approves preferential allotment of fully convertible warrants at Re. 1 per warrant
21 Oct 2026
Board approves appointment of Krishan Bansal as CFO and Executive Director
21 Oct 2026
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