Virtuoso Optoelectronics Ltd — Important, 12-02-2026: Company Update
12-02-2026 | 04:24 pm
12-02-2026 | 04:24 pm
Virtuoso Optoelectronics announced its Monitoring Agency Report for the quarter ended December 31, 2025, regarding its 140.00 Cr preferential issue of fully convertible share warrants. The report confirmed no deviation from the stated utilization objects. The company received 35.00 Cr initially, followed by 30.00 Cr and 20.00 Cr from warrant conversions, totaling 85.00 Cr. These funds were fully deployed: 5.97 Cr for fixed asset acquisition, 59.15 Cr for long-term working capital, and 19.88 Cr for general corporate purposes. Notably, 0.40 Cr was paid against a 19.70 Cr proforma invoice for fixed assets, aligned with management's stated industry practice.
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