Virtuoso Optoelectronics Ltd — Important, 19-10-2025: Company Update

A board meeting was held where Virtuoso Optoelectronics approved key proposals, subject to shareholder consent. These include migrating its equity shares from the BSE SME Exchange to the Main Board of BSE Ltd and the National Stock Exchange, enhancing market visibility and liquidity. The company also approved increasing its Authorised Share Capital from 35 Cr to 75 Cr, providing capacity for future growth initiatives. Additionally, modifications to its ESOP scheme were approved, notably removing lock-in periods for shares issued upon option exercise and granting the company more flexibility regarding employee options upon termination or retirement. A postal ballot notice will follow.