Description

BSE permits trading of 31,50,000 new equity shares of Virtuoso Optoelectronics Limited issued through warrant conversion at Rs. 255.10 per share.

Summary

BSE has approved the listing and trading of 31,50,000 new equity shares of Virtuoso Optoelectronics Limited (Scrip Code: 543597) effective from August 20, 2025. These shares were issued through conversion of warrants on a preferential basis to promoter and non-promoter entities.

Key Points

  • 31,50,000 equity shares of Rs. 10/- each issued at premium of Rs. 245.10/-
  • Issue price: Rs. 255.10 per share
  • Allotment date: March 1, 2025
  • Trading commences: August 20, 2025
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE0I0T01010
  • Distribution numbers: 26338757 to 29488756

Regulatory Changes

No regulatory changes introduced. Standard listing procedure for warrant conversion completed.

Compliance Requirements

  • Trading members informed of new securities availability for trading
  • Lock-in restrictions apply to all 31,50,000 shares until February 28, 2026
  • Shares issued pursuant to warrant conversion regulations

Important Dates

  • Allotment Date: March 1, 2025
  • Trading Commencement: August 20, 2025
  • Lock-in Period End: February 28, 2026

Impact Assessment

Minimal market impact expected as this represents a routine warrant conversion and listing process. The one-year lock-in period ensures controlled supply of new shares to the market. Standard preferential allotment procedure with no unusual terms or conditions.

Impact Justification

Routine listing of additional shares through warrant conversion with standard lock-in period