Virtuoso Optoelectronics to migrate shares to main exchanges, boost capital

The board of directors of Virtuoso Optoelectronics Limited, in a meeting on October 19, 2025, approved several strategic initiatives, subject to shareholder approval. These include the migration of the company’s equity shares from the BSE Limited - SME Exchange to the main board of BSE Ltd and the National Stock Exchange of India Limited.

Additionally, the board sanctioned a modification to the ESOP Scheme and an increase in the authorized share capital. The authorized share capital is set to rise from the existing INR 35,00,00,000, divided into 3,50,00,000 equity shares of INR 10 each, to INR 75,00,00,000, divided into 7,50,00,000 equity shares of INR 10 each. This change will necessitate a consequential alteration in the Capital Clause Memorandum of Association.