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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.
Virtual Galaxy Infotech announced it is exempt from specific corporate governance provisions, meaning it is not required to submit a corporate governance report for the recent quarter. This exemption applies because the company is listed on the NSE SME Exchange, clarifying its compliance obligations. Separately, the company also confirmed the...
The company clarified its financial results submission. It addressed observations regarding issue proceeds utilization, stating compliance via a Monitoring Agency Report already filed. It also confirmed single business segment (IT & ITES) reporting. This clarification does not impact previously disclosed financial figures or investor interpretation.