Virtual Galaxy Infotech Limited
Founded in September 1997, Virtual Galaxy Infotech Limited is a Nagpur-based IT services firm specializing in SaaS solutions, including core banking and ERP systems, serving clients in the BFSI sector and government with a team of over 300.
What Virtual files
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VGINFOTECH has reconstituted its Audit Committee, appointing Mr. Jaideep Narayan Pawar as a member. This follows Mr. Asit Oberoi's resignation, who cited time constraints due to the company's increased quarterly financial compliance.
VGINFOTECH launched "Virtual Vaani," a next-gen Conversational AI platform. It enables human-like interactions in Indian languages, offers omnichannel access, and integrates payments. Targeting BFSI, Fintech, ERP, and e-Governance, this scalable SaaS solution aims to boost digital adoption.
VGINFOTECH partnered with Xangars Infratech for a 3-year plan to deploy 1 Lakh UPI/QR Sound Boxes and digital payment solutions for small retail merchants across India. This initiative is anticipated to generate roughly Rs. 69 Cr in revenue.
**Virtual Galaxy Infotech (#VGINFOTECH) promoter directors show confidence, buying shares from the open market.** Two promoter directors, Mr. Sachin Pande and Mr. Avinash Shende, recently acquired a total of 5,000 equity shares of the company. These shares were purchased through open market transactions for an approximate value of `8.51 lakh....
VGINFOTECH Promoter Director Mr. Sachin Pande has acquired 2,000 equity shares via an open market purchase worth approx. ₹3.52 Lakhs. This transaction increases his stake from 30.0125% to 30.0205%. * **Issue:** A promoter director has purchased company shares, which necessitates a public disclosure under insider trading norms. * **Possible Impact:**...