VL E-Governance & IT Solutions Limited (VLEGOV) — Board Meeting | 14 May 2026

· NSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

VLEGOV disclosed a CARE Ratings monitoring report for its March 2026 quarter, confirming no deviation in utilization of preferential issue proceeds despite undersubscription reducing funds raised to ₹400.99 crore from ₹630 crore. The report notes delayed utilization of funds for e-governance projects and working capital, with board approval extending timelines to January 2027. Share price volatility and promoter dilution to 23.24% are highlighted as key risks.

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About VL E-Governance & IT Solutions Limited (VLEGOV)

Information Technology · IT - Software · Listed on NSE

Market Cap: ₹113.98 Cr ROE: 4.8% ROCE: 4.8%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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