Virtuoso Optoelectronics Board Approves Enabling Resolution to Raise Funds Up to ₹250 Crores

The Board of Directors of Virtuoso Optoelectronics Limited convened a meeting on May 07, 2026, commencing at 03:30 P.M. and concluding at 04:10 P.M., during which they considered and approved an enabling resolution for fund raising. The approval was communicated to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Enabling Approval for Fund Raising

The board granted an enabling approval to raise funds up to ₹250 Crores (Rupees Two Hundred and Fifty Crores only), in one or more tranches, through the issuance of equity shares and/or any other eligible securities or convertible instruments. The key details of the approved fund-raising proposal are outlined below:

Parameter: Details Fund Raising Limit: Up to ₹250 Crores Mode of Issuance: Equity shares and/or eligible securities or convertible instruments Permissible Routes: QIP, Preferential Issue, Rights Issue, or any other permitted method Tranches: One or more tranches Subject To: Regulatory and statutory approvals as may be required Member Approval: To be sought via General Meeting and/or postal ballot

Next Steps and Regulatory Compliance

The fund-raising proposal is subject to the requisite regulatory and statutory approvals. The approval of the members of the company for the aforesaid fund-raising proposal will be sought in due course by way of an ensuing General Meeting and/or through postal ballot, as may be applicable. The outcome of the board meeting was disclosed by Prasad Zinjurde, Company Secretary and Compliance Officer, on behalf of Virtuoso Optoelectronics Limited, in accordance with applicable SEBI listing regulations.

Virtuoso optoelectronics Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 10, 2026, demonstrating the company's commitment to regulatory compliance.

Regulatory Compliance Details

The certificate submission encompasses key compliance parameters as outlined in the regulatory framework:

Parameter Details Regulation SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5) Quarter Period Ended March 31, 2026 Submission Date April 10, 2026 Stock Exchange BSE Limited Scrip Code 543597

Registrar Confirmation

Cameo Corporate Services Limited, serving as the company's Registrar and Share Transfer Agent, provided the confirmation certificate dated April 1, 2026. The registrar confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within stipulated time limits.

The certificate validates that all security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant. Additionally, the names of the depositories have been substituted in the register of members as registered owners, ensuring complete compliance with regulatory requirements.

Corporate Governance

The submission was executed by Prasad Zinjurde, Company Secretary and Compliance Officer (Membership No. A54800), who digitally signed the document on April 10, 2026. This quarterly submission represents part of the company's ongoing regulatory compliance framework, ensuring transparency in share dematerialisation processes.

Virtuoso Optoelectronics Limited, incorporated under CIN L74999MH2015PLC268355, maintains its registered office at 7 MIDC Area, Satpur, Trimbak Road, Nasik - 422007. The company continues to meet its regulatory obligations through systematic compliance with SEBI guidelines and stock exchange requirements.

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