MoU4 Oct 2026, 12:30 pm
Virtuoso Optoelectronics Signs ₹1050 Cr Investment MOU with Maharashtra Govt
AI Summary
Virtuoso Optoelectronics Limited has signed a non-binding Memorandum of Understanding (MOU) with the Government of Maharashtra for a proposed investment of ₹1050 Crore. This investment is planned over the next 5 years and is expected to create 1054 direct and indirect employment opportunities. The agreement falls under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Signed non-binding MOU with Government of Maharashtra.
- Proposed investment of ₹1050 Crore over 5 years.
- Expected to create 1054 direct and indirect jobs.
- Strategic move for potential expansion and employment generation.
Price Impact
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