Description

35,00,100 equity shares of Virtuoso Optoelectronics Limited listed for trading from August 20, 2025, issued through preferential allotment pursuant to warrant conversion.

Summary

BSE has approved the listing of 35,00,100 new equity shares of Virtuoso Optoelectronics Limited (Scrip Code: 543597) for trading from August 20, 2025. These shares were issued through preferential allotment to non-promoters at Rs. 255.10 per share pursuant to conversion of warrants.

Key Points

  • 35,00,100 equity shares of Rs. 10/- each listed for trading
  • Issue price: Rs. 255.10/- (premium of Rs. 245.10/-)
  • Issued to non-promoters on preferential basis
  • Distribution numbers: 22838657 to 26338756
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE0I0T01010

Regulatory Changes

No regulatory framework changes. Standard listing procedure for equity shares issued through warrant conversion.

Compliance Requirements

  • Trading members must update their systems for new securities
  • Lock-in period compliance until February 28, 2026
  • Standard trading and settlement procedures apply

Important Dates

  • Allotment Date: March 2, 2024
  • Trading Commencement: August 20, 2025
  • Lock-in Period Ends: February 28, 2026

Impact Assessment

Market Impact: Significant equity dilution of approximately 35 lakh shares increases the company’s equity base substantially. The preferential allotment to non-promoters may impact ownership structure and voting dynamics. Two-year lock-in period provides some stability but creates potential overhang when restrictions expire in February 2026.

Impact Justification

Significant equity dilution through preferential allotment affecting existing shareholders