izmo Microsystems, the semiconductor subsidiary of izmo Limited, will showcase production-stage silicon photonics products and advanced packaging technologies at SEMICON India 2026. The Bengaluru-based firm announced the exhibition on September 15, 2026, highlighting its capabilities in data center interconnects and quantum infrastructure.

The exhibit features functional products currently in production, including a Quantum Random Number Generator module and a Quantum Key Distribution module packaged for Pramatra. It also includes a Thin-Film Lithium Niobate modulator packaged for CCRAFT and advanced photonic characterization packages developed entirely by izmo Microsystems.

Strategic Capabilities

izmo Microsystems positions itself as the first Indian company to undertake the specialized packaging required to convert photonic integrated circuits into functional modules. This capability was historically restricted to facilities outside India. By combining package design, precision assembly, and manufacturing under one roof, the company supports customers from initial prototyping through full commercial production.

The firm will also preview its next-generation optical transceiver portfolio, scheduled for commercial launch in 2027. Silicon photonics technology transmits data using light rather than electrical signals, delivering the bandwidth and energy efficiency needed to address speed and heat-generation bottlenecks in modern advanced computing.

Market Context

Silicon photonics is an enabling technology for AI infrastructure, high-performance computing, quantum technologies, defence, aerospace, and secure communications. The global optical transceiver market is projected by Research and Markets to exceed $30 billion by 2030. Demand is being accelerated by the expansion of AI clusters and cloud infrastructure investments in India from hyperscalers like AWS, Microsoft, and Google.

This commercial development program is bolstered by izmo Microsystems' strategic partnership with the IIT Madras-led CPPICS Photonics Mission. This collaboration supports the translation of indigenous photonics research into commercially manufacturable products.

Dinanath Soni, Director at izmo Microsystems Pvt. Ltd., stated that the showcase demonstrates the advanced packaging expertise built in India. He noted that the forthcoming optical transceiver portfolio will build on this expertise to address growing demand in India and international markets.

Izmo Limited has filed prior intimations for two separate promoter-to-promoter share transfers by way of gift. Mr. Tej Soni will acquire 9.99% of the equity, while Mr. Dinanath Soni will acquire 4.99%. Both transactions are scheduled for completion on or before September 23, 2026.

These inter-se transfers among immediate relatives fall under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Consequently, the acquirers are exempt from making an open offer. No monetary consideration is involved in either transaction.

Transfer Details

Mr. Tej Soni will acquire shares from his mother, Mrs. Shashi Soni, and his sister-in-law, Mrs. Kiran Soni. Mr. Dinanath Soni will acquire his stake solely from Mrs. Shashi Soni.

Mrs. Shashi Soni is the mother of both acquirers. Mrs. Kiran Soni is the sister-in-law of Mr. Tej Soni. All parties are existing promoters of Izmo Limited.

What the Numbers Show

The dual transactions significantly consolidate shareholding within the promoter family structure while reducing the individual holding of Mrs. Shashi Soni.

Mrs. Shashi Soni’s stake will decrease from 14.77% to 9.77% after transferring shares to both sons. Mrs. Kiran Soni’s holding will drop from 16.08% to 6.31% following her transfer to Mr. Tej Soni.

Post-transfer, Mr. Tej Soni will hold a 9.99% stake, and Mr. Dinanath Soni will hold a 4.99% stake. This restructuring keeps the total promoter group holding intact while shifting individual ownership proportions among immediate relatives.

Regulatory Compliance

The disclosures confirm compliance with Chapter V of the SEBI SAST Regulations, 2011. The acquirers have declared that all conditions for the exemption under Regulation 10(1)(a) have been met. Since the transfers are by way of gift, volume-weighted average market price calculations are not applicable.