Description

8,79,121 equity shares of Virtuoso Optoelectronics Limited issued on preferential basis pursuant to warrant conversion to be listed on BSE from October 16, 2025.

Summary

BSE has announced the listing of 8,79,121 new equity shares of Virtuoso Optoelectronics Limited (Scrip Code: 543597) effective from October 16, 2025. These shares were issued at Rs. 455/- per share (face value Rs. 10/- plus premium of Rs. 445/-) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in until May 30, 2026.

Key Points

  • 8,79,121 equity shares of Rs. 10/- each to be listed on BSE
  • Issued on preferential basis to non-promoters via warrant conversion
  • Issue price: Rs. 455/- per share (Rs. 10/- face value + Rs. 445/- premium)
  • Trading commences: October 16, 2025
  • Allotment date: September 23, 2025
  • Distinctive numbers: 29488757 to 30367877
  • ISIN: INE0I0T01010
  • Shares rank pari-passu with existing equity shares
  • All shares subject to lock-in until May 30, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification for new securities.

Compliance Requirements

  • Trading members should note the listing of new securities effective October 16, 2025
  • Lock-in restrictions apply to all 8,79,121 shares until May 30, 2026
  • Shares to be traded under existing scrip code 543597

Important Dates

  • Notice Date: October 15, 2025
  • Allotment Date: September 23, 2025
  • Trading Start Date: October 16, 2025
  • Lock-in Period Ends: May 30, 2026

Impact Assessment

This is a routine listing notice with minimal market impact. The preferential allotment to non-promoters represents a relatively small issuance pursuant to warrant conversion. The lock-in period until May 30, 2026 ensures these shares will not be available for trading for approximately 7-8 months, limiting near-term supply impact. Trading members should update their records to reflect the increased share capital of Virtuoso Optoelectronics Limited.

Impact Justification

Routine listing notice for preferential allotment to non-promoters. Limited impact as shares constitute small portion of company's equity and are subject to lock-in until May 2026.