Virtuoso Optoelectronics Limited has scheduled an extraordinary general meeting (EGM) for September 24, 2026, to seek shareholder approval for a ₹85 crore preferential share issue. The company aims to raise capital from identified non-promoter investors to fund working capital and capacity expansion.

Remote e-voting for the resolution will commence on Monday, September 21, 2026, at 9:00 am and conclude on Wednesday, September 23, 2026, at 5:00 pm. Shareholders holding shares as of the cut-off date, September 17, 2026, are eligible to vote. The meeting will be conducted via video conferencing or other audio-visual means, with the registered office in Nashik deemed as the venue.

Preferential Issue Details

The board approved the issuance of 16,89,859 equity shares with a face value of ₹10 each. The issue price of ₹503 includes a premium of ₹493 per share. The total consideration amounts to ₹84,99,99,077 (rounded to ₹85 crore).

The allotment is structured across three non-promoter investors:

Utilization of Proceeds

The company intends to deploy the funds towards long-term working capital requirements, purchase of plant and machinery, and general corporate purposes. Notably, the proceeds will facilitate the purchase of plant and machinery from China, aiming to increase the annual capacity of deep freezer units from 1,50,000 to 2,50,000 units at its Nashik facility.

Shareholding Pattern Impact

Post-allotment, the promoter group’s holding is expected to dilute from 46.22% to 44.05%, while public holding will rise from 53.78% to 55.95%. These figures are based on the pre-issue shareholding as of September 24, 2026.

If all outstanding warrants held by Malabar India Fund Limited and other proposed allottees are converted, the promoter holding would stand at 45.13% and public holding at 54.87%. The company has 7,02,246 warrants pending conversion following their allotment in August 2026.

Regulatory Compliance

The trading window for designated persons remains closed until 48 hours after the conclusion of the board meeting, as per the company’s Code of Conduct for Prevention of Insider Trading. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Virtuoso Optoelectronics Limited will host a virtual one-on-one meeting with Nuvama PCG on September 2, 2026, at 11:00 am. The interaction aims to update institutional investors on the company’s business outlook using only publicly available data.

The management team confirmed that no unpublished price-sensitive information (UPSI) will be shared during the session. This disclosure aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The company has scheduled the engagement as a virtual event to facilitate broad access for the analyst firm. The specific parameters of the interaction are outlined below:

Regulatory Compliance

Virtuoso Optoelectronics emphasized that discussions will remain strictly within the bounds of public information. The company noted that the meeting may be cancelled, rescheduled, or postponed due to unavoidable exigencies.

Pursuant to Regulation 46(2) of the Listing Regulations, this intimation was disclosed on the company’s website. Prasad Zinjurde, Company Secretary and Compliance Officer, signed off on the disclosure dated August 30, 2026.