Virtuoso Optoelectronics Ltd — Important, 14-11-2025: Company Update

Virtuoso Optoelectronics Limited has reported that there is no deviation in the utilization of the 65 Cr raised through a preferential issue. The company received approximately 35 Cr as an upfront consideration for warrants and an additional 30 Cr from the conversion of warrants into equity shares. From these funds, around 54.91 Cr has been utilized for acquiring fixed assets, long-term working capital, and general corporate purposes, leaving approximately 10 Cr pending utilization. This update assures shareholders on the proper deployment of capital.