The two have also been stripped of all the awards they won on the night and have been asked to return the plaques.
At a press conference held by Charterhouse at the Alisa Hotel in Accra this morning, a member of the Board, Amandzeba, said they made the decision at a Board meeting last Tuesday.
"The Board of the 2019 Vodafone Ghana Music Awards deem the actions of Shatta Wale and Stonebwoy to have flouted the terms and conditions of the scheme, brought the name of the event into disrepute and therefore wish to sanction the two as follows:
"Both musicians are hereby banned indefinitely from participating in the nominations, selections and performances at the Vodafone Ghana Music Awards scheme.
"Also the two artistes are hereby stripped of all the awards they won at the 20th VGMA and are thus requested by the Board to return all plaques in their possession to Charterhouse effective immediately," he stated.
Amandzeba also stated that the two top honours of the night, the Artiste of the Year and the Most Popular Song of the Year have for the 20th edition of the VGMA been annulled.
Below is a statement from Charterhouse:
Last Saturday, camps of Stonebwoy and Shatta Wale were involved in a brawl on the VGMA stage which marred the event. The two were subsequently arrested and put before court on Wednesday, May 22 and were granted a GHS50,000 bail.