Disclosure of material issue
**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. **Issue:** Insiders are buying company stock. **Impact:** Such open market purchases by promoters are often interpreted by investors as a positive signal, indicating their strong belief in the company's future prospects and intrinsic value. **Company's Action:** Virtual Galaxy Infotech has duly disclosed these transactions as per regulatory requirements.
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