Description
879,121 equity shares of Virtuoso Optoelectronics Limited issued at a premium on preferential basis pursuant to conversion of warrants will be listed and permitted to trade with effect from October 16, 2025.
Summary
Virtuoso Optoelectronics Limited (Scrip Code: 543597) will list 879,121 new equity shares on BSE with effect from October 16, 2025. These shares were issued at a premium of Rs. 445/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will be subject to lock-in until May 30, 2026.
Key Points
- 879,121 equity shares of Rs. 10/- each issued at a premium of Rs. 445/- (total issue price: Rs. 455/-)
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Date of allotment: September 23, 2025
- Trading commences: October 16, 2025
- ISIN: INE0I0T01010
- Distinctive numbers: 29488757 to 30367877
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new securities listing. No specific compliance actions required from trading members beyond awareness of the new shares available for trading.
Important Dates
- Date of Allotment: September 23, 2025
- Trading Commencement Date: October 16, 2025
- Lock-in Period Expiry: May 30, 2026
Impact Assessment
This is a routine listing notice for preferential shares issued through warrant conversion. The impact is limited to Virtuoso Optoelectronics Limited and represents approximately 879,121 additional shares entering the market. All shares are subject to lock-in until May 30, 2026, which limits immediate trading impact. Market participants holding or trading this scrip should note the increased share capital and dilution effect.
Impact Justification
Routine listing of preferential shares from warrant conversion for a single company with no broad market impact