Virtuoso Optoelectronics Approves Preferential Issue of Shares & Warrants

Virtuoso Optoelectronics Ltd's Board of Directors has approved a preferential issue of up to 16,85,392 equity shares at ₹356 per share, aggregating ₹59.99 crore, to Malabar India Fund Limited and India Insight Value Fund. Additionally, the board approved the issue of up to 7,02,246 warrants convertible into equity shares at ₹356 per warrant, aggregating ₹24.99 crore, to Sukrit Bharati and related entities. The company will also hold an Extraordinary General Meeting (EGM) on July 12, 2026, to seek shareholder approval for these issuances. A cut-off date of July 5, 2026, has been set for EGM eligibility.