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Virtuoso Optoelectronics LtdImportant, 29-05-2026: Company Update

29-05-2026 | 10:31 pm

Virtuoso Optoelectronics Limited announced there is no deviation in the utilization of funds raised through a preferential allotment. The company had raised 30 Cr from warrants converted into equity. For the quarter ended March 31, 2026, these funds were fully utilized for acquiring fixed assets, long-term working capital, and general corporate purposes. This confirms to shareholders that the capital raised is being deployed as originally planned, ensuring transparency in fund management.

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