Virtual Global Education534741Senior KMP change
Chief Financial Officer resigns on personal grounds; company says it is in process of appointing a successor
Chief Financial Officer Mr. Gaurav Garg has tendered his resignation from the post w.e.f. October 21st, 2026 (after closing of business hours).
By ScoutQuest · · 2 min read
- Resigning Officer
- Chief Financial Officer Mr. Gaurav Garg
- Effective Date of Resignation
- October 21st, 2026 (after closing of business hours)
- Reason for Resignation
- personal reasons
Who and what
- Mr. Gaurav Garg has tendered his resignation from the post of Chief Financial Officer of Virtual Global Education Ltd.
- The company's intimation records the resignation with effect from October 21st, 2026, after the closing of business hours.
- The reason recorded in the annexure is resignation due to personal reason.
What the resignation letter says
- The letter is dated 19/10/2026 and is addressed to the Board of Directors of the company.
- In it, Mr. Garg writes that he tenders his resignation with effect from closure of business hours on 19th October, 2026, due to personal reasons.
- He confirms that there are no other material reasons for his resignation other than those mentioned in the letter.
- He expresses gratitude to the Board and the management for the opportunities and support extended to him during his tenure.
Filling the vacancy
- The company states that it is in process of appointing a new Chief Financial Officer.
- The appointment will be communicated to the stock exchange in due course.
Why a CFO exit matters to a retail investor
- The CFO is the executive who oversees the company's accounts, financial reporting and internal financial controls, so a change in this seat is a management-level event that shareholders generally watch.
- The letter states the exit is for personal reasons, and the resigning officer has confirmed that there are no other material reasons.
- The company has indicated that a successor search is under way.
Details recorded in the annexure
- Name: Mr. Gaurav Garg
- Date of cessation recorded by the company: 21st October, 2026
- Reason for change: as mentioned in the resignation
- The annexure records that the letter of resignation along with detailed reasons of resignation is enclosed with the disclosure.
One point to note
- The letter's own wording sets the effective time at closure of business hours on 19th October, 2026, while the company's disclosure records the date of cessation as 21st October, 2026. Both appear in the same update.
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
Source: BSE · 21 Oct 2026
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