Virtuoso Optoelectronics Ltd — Important, 21-07-2026: Company Update
21-07-2026 | 02:56 pm
21-07-2026 | 02:56 pm
The company has allotted 7,32,600 equity shares to Malabar India Fund Ltd at Rs. 455 per share, completing the conversion of all remaining warrants. This final tranche generated Rs. 24.99 Cr for the company. With this conversion, all 30,76,923 warrants issued previously have been exercised. This increases the company's issued and paid-up capital and raises Malabar India Fund Ltd's shareholding from 7.91% to 9.98%, signifying a substantial commitment from the investor.
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