Board Meeting7 May 2026, 04:26 pm
Virtuoso Opto gets nod for Fund Raising up to ₹250 Cr
AI Summary
Virtuoso Optoelectronics Ltd. has received board approval to raise funds up to ₹250 Crores through the issuance of equity shares, eligible securities, or convertible instruments via permissible modes such as QIP, preferential issue, or rights issue. The fund-raising is subject to regulatory and statutory approvals. The company will seek shareholder approval in the upcoming General Meeting or through postal ballot.
Key Highlights
- Virtuoso Opto board approves fund raising of up to ₹250 Cr.
- Funds to be raised via equity, securities, or convertible instruments.
- Methods include QIP, preferential issue, or rights issue.
- Shareholder approval will be sought in the upcoming General Meeting.
- Meeting commenced at 03:30 P.M. and concluded at 04:10 P.M.