Virtuoso Optoelectronics Ltd — Important, 13-05-2026: Company Update

Virtuoso Optoelectronics' monitoring agency report for the quarter ended March 31, 2026, confirmed the company utilized all Rs. 115 crore raised from its preferential issue of fully convertible share warrants. Funds were allocated for acquiring fixed assets (Rs. 13.77 crore), long-term working capital (Rs. 66.75 crore), and general corporate purposes (Rs. 34.48 crore), which included repayment of a channel finance loan. The report highlighted no deviation from the issue's objectives, assuring stakeholders that funds are deployed as planned for ongoing business operations and growth initiatives.