Virtuoso Optoelectronics: No Deviation in Fund Utilization for Preferential Issues

Virtuoso Optoelectronics Ltd has filed its Statement of Deviation or Variation for the quarter ended September 30, 2026, concerning funds raised through two preferential allotments. The first allotment of ₹25 Cr on July 21, 2026, was for acquisition of fixed assets and long-term working capital. The second allotment of ₹66.25 Cr on August 13, 2026, was for working capital, capital expenditure, and general corporate purposes. In both cases, the company confirmed that there has been no deviation or variation in the utilization of these funds as per the original objects. The Audit Committee has reviewed and confirmed these statements.