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Virtuoso Optoelectronics LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Malabar India Fund Limited has converted 7.33 lakh warrants into equity shares of Virtuoso Optoelectronics. This conversion has increased the fund's ownership in the company from a diluted holding of 7.36% to a direct equity stake of 9.98%. Consequently, Virtuoso Optoelectronics' total equity share capital has expanded from 3.18 crore to 3.26 crore shares. This substantial increase in an institutional investor's stake signals stronger conviction and a potential positive outlook for existing shareholders.

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