Virtuoso Optoelectronics has informed that pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, The Board of Directors at their meeting held today, on Saturday, March 02, 2024, have allotted 35,00,100 Equity Shares of a Face value of Rs 10 each at a price of Rs 255.10 (Including premium of Rs 245.10 per share) and 31,50,000 Equity Warrants of a Face value of Rs 10 each at a price of Rs 255.10 (Including premium of Rs. 245.10 per share) to the Allottees (hereinafter referred as ‘allottees’) on Preferential Basis in accordance with the Special resolution passed by the shareholders at the Extra Ordinary General Meeting held on Saturday, February 03, 2024 and pursuant to the In-Principle approval received from BSE vide their letter number LOD/PREF/CP/FIP/3105/2022-23, dated Wednesday, February 8, 2023. The details of allotment to allottees and pre and post allotment effect of the same are enclosed.
The above information is a part of company’s filings submitted to BSE.