Virtuoso Optoelectronics Capital Structure Change
Virtuoso Optoelectronics Limited approved a preferential issue of 1,689,859 equity shares at Rs. 503 per share. This fundraising amounts to approximately Rs. 85.00 Crore.
- Value
- ₹85.00 Cr
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Virtuoso Optoelectronics Limited approved a preferential issue of 1,689,859 equity shares at Rs. 503 per share. This fundraising amounts to approximately Rs. 85.00 Crore.
Virtuoso Optoelectronics Limited allotted equity shares via a preferential issue, increasing its paid-up share capital to ₹34.25 Crore. The allotment involved two investors.
Virtuoso Optoelectronics Ltd allotted 16,85,392 equity shares and 7,02,246 warrants on a preferential basis. The total issue value aggregates to approximately ₹85.00 Crore.
Virtuoso Optoelectronics Limited allotted equity shares following the conversion of warrants. This capital structure change increased the company's total paid-up share capital.
Virtuoso Optoelectronics converted warrants into equity shares. This action increased the company's paid-up share capital from ₹31.83 Crore to ₹32.57 Crore.
Virtuoso Optoelectronics converted 7,32,600 warrants into equity shares for Malabar India Fund Ltd. The company received ₹24.99 Crore from this conversion.
Virtuoso Optoelectronics Limited received in-principle approval to migrate 3,18,33,079 equity shares to the BSE Mainboard. The transition reflects the company's growth and scale from the SME segment.