Virtuoso Optoelectronics Allots Equity Shares & Warrants

Virtuoso Optoelectronics Ltd announced the allotment of 16,85,392 equity shares and 7,02,246 unlisted fully convertible warrants via preferential basis. The equity shares were allotted at Rs. 356 each (including a premium of Rs. 346), and warrants were also priced at Rs. 356 each. Key allottees include Malabar India Fund Limited, India Insight Value Fund, Sukrit Bharati, Sukrit Bharati HUF, and Nikitha Poddatur. This allotment increases the company's paid-up equity share capital to Rs. 34,25,10,710, comprising 3,42,51,071 equity shares of Rs. 10 each. The newly allotted shares will rank pari-passu with existing shares and will be listed on BSE and NSE.