Virtuoso Optoelectronics allots warrants to Malabar India Fund

Virtuoso Optoelectronics Limited's board of directors, at their meeting on August 26, 2025, approved the allotment of 3,076,923 fully convertible equity warrants to Malabar India Fund Limited. Each warrant has a face value of Rs. 10 and an issue price of Rs. 455, including a premium of Rs. 445 per warrant. This aggregate value amounts to Rs. 1,39,99,99,965.

The allotment was made on a preferential basis to the non-promoter allottee, Malabar India Fund Limited, in accordance with a special resolution passed at the extraordinary general meeting on July 23, 2025. This action also follows "in-principle approval" from BSE Limited, dated August 21, 2025.

Upon conversion of all warrants into equity shares, Malabar India Fund Limited will hold 3,076,923 shares, representing 9.45% of the post-issue capital. The board meeting commenced at 05:40 PM and concluded at 06:05 PM on August 26, 2025.