VirtualSoft Systems Limited announced a private placement of 5,425,000 equity shares at a price of INR 10 per share for the gross proceeds of INR 54,250,000 on June 25, 2024. The shares will be issued on preferential basis. The transaction will include participation from Gokul Naresh Tandan for 950,000 shares, Samrath Bedi for 900,000 shares, Kirti Handa for 250,000 shares, Pooja singh for 125,000 shares, Abhishek Singhania for 250,000 shares, Tina Prakash for 200,000 shares, GURMEET SINGH ANAND for 200,000 shares, Amitoj Arya for 250,000 shares, Alt-Attitude Advisory LLP for 2,000,000 shares, Prerna Suresh Chhabria for 50,000 shares, Neelu Chhabria for 100,000 shares, Suresh Kanayalal Chhabria for 50,000 shares, Greycells Research Services Private Limited for 100,000 shares.

The transaction has been approved by the shareholders of the company.