AGM/EGM7 Jul 2026, 05:50 pm
Virtuoso Optoelectronics Ltd Issues EGM Notice Corrigendum
AI Summary
Virtuoso Optoelectronics Ltd has issued a corrigendum to its notice for the Extra-Ordinary General Meeting (EGM) scheduled for July 12, 2026. The corrigendum clarifies details related to a proposed preferential issue of up to 16,85,392 equity shares and 7,02,246 convertible warrants. The preferential issue aims to raise up to ₹59.99 crore from equity shares and ₹24.99 crore from warrants. Key revisions in the explanatory statement include the relevant date for price determination, clarification on promoter/director subscription intent, updated ultimate beneficial owner details for an investor (Sukrit Bharati HUF), and confirmation of the Practicing Company Secretary's certificate.
Key Highlights
- EGM notice corrigendum issued for July 12, 2026 meeting.
- Clarifies preferential issue of equity shares and warrants.
- Proposed issue aims to raise over ₹84 crore.
- Revisions made to explanatory statement regarding pricing and investors.
- Details on ultimate beneficial owner and company secretary certificate updated.
Price Impact
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