Virtuoso Optoelectronics Ltd — Important, 07-11-2025: Company Update
07-11-2025 | 02:15 pm
07-11-2025 | 02:15 pm
The company has converted 5,86,081 warrants into equity shares for Malabar India Fund Ltd, a non-promoter investor. These shares were issued at Rs. 455 each, including a premium of Rs. 445. This conversion follows an initial allotment of 30,76,923 warrants at the same price, totaling Rs. 139.99 Cr, with Rs. 34.99 Cr received initially. The latest tranche brought in Rs. 20.00 Cr. Post-allotment, the company's paid-up capital increased from Rs. 30.36 Cr to Rs. 30.95 Cr. Malabar India Fund Ltd now holds 4.73% of the capital, up from 2.89%, with 16,11,721 warrants remaining convertible by August 25, 2026. This increases share capital and investor stake.
No comments yet. Be the first to comment!
