Description

Listing and trading approval for 5,86,081 equity shares of Virtuoso Optoelectronics Limited issued on preferential basis pursuant to warrant conversion, effective January 8, 2026.

Summary

BSE has approved the listing and trading of 5,86,081 equity shares of Virtuoso Optoelectronics Limited (Scrip Code: 543597) issued to Non-Promoters on a preferential basis pursuant to conversion of warrants. The new securities will commence trading on Thursday, January 8, 2026, and are subject to a lock-in period until July 11, 2026.

Key Points

  • Total shares listed: 5,86,081 equity shares of Rs. 10/- each
  • Issue price: Rs. 455/- per share (including premium of Rs. 445/-)
  • Issued to: Non-Promoter on preferential basis
  • Purpose: Conversion of warrants
  • Distinguished numbers: 30367878 to 30953958
  • Date of allotment: November 7, 2025
  • Trading commencement: January 8, 2026
  • ISIN: INE0I0T01010
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities effective January 8, 2026
  • All 5,86,081 shares are subject to lock-in restrictions and cannot be transferred until July 11, 2026
  • The shares rank pari-passu with existing equity shares for all rights and benefits

Important Dates

  • Allotment Date: November 7, 2025
  • Trading Commencement: January 8, 2026
  • Lock-in Period Ends: July 11, 2026

Impact Assessment

This is a routine listing notification with limited market impact. The preferential allotment to Non-Promoters through warrant conversion represents approximately 5.86 lakh shares with a total value of approximately Rs. 26.67 crores at the issue price of Rs. 455 per share. The lock-in period until July 11, 2026, ensures these shares cannot be immediately traded by the allottees, minimizing short-term supply pressure. The pari-passu ranking ensures equitable treatment with existing shareholders.

Impact Justification

Routine listing of preferential allotment shares from warrant conversion for a single company with minimal market-wide impact