ALPHA TRIBE

Virtuoso Optoelectronics LtdImportant, 04-02-2026: Company Update

04-02-2026 | 06:10 pm

Virtuoso Optoelectronic Limited has filed a statement confirming no deviation in the utilization of funds raised through a preferential allotment of warrants converted into equity. For the quarter ended December 31, 2025, the company confirmed that funds, including approximately 20.00 Cr received in November from warrant conversions, were utilized for their stated purposes. These objectives included acquiring fixed assets, long-term working capital, and general corporate needs. The Audit Committee reviewed this statement, and Infomerics Valuation and Rating Ltd. monitored the fund usage, ensuring transparent and intended application of shareholder capital.

No comments yet. Be the first to comment!

All announcements from Virtuoso Optoelectronics Ltd