Virtual Galaxy Appoints Sunil Kulkarni And Approves Two ₹45 Crore Related-Party Transactions

Board proposed related-party transactions of ₹45 crore each with Finverse and Paynext, subject to shareholder approval, and reallocated unutilised IPO proceeds toward data-centre upgrades, marketing and working capital. It also appointed fintech and payments veteran Sunil Kulkarni as additional non-executive director until the AGM.