Virtuoso Optoelectronics Limited has issued a corrigendum to the notice of its Extra-Ordinary General Meeting (EGM) scheduled for July 12, 2026, to update disclosures regarding a proposed preferential issue. The company is seeking shareholder approval for the issuance of equity shares and warrants, aggregating to ₹84,99,99,128. The corrigendum revises specific details in the explanatory statement to align with observations received from the National Stock Exchange of India Limited (NSE).

The EGM will be held on Sunday, July 12, 2026, at 11:00 a.m. IST through Video Conferencing and Other Audio-Visual Means. The company had previously filed applications with BSE Limited and NSE seeking in-principle approval for the preferential issue. The agenda includes the issuance of up to 16,85,392 equity shares and up to 7,02,246 unlisted fully convertible warrants.

Key Revisions in the Explanatory Statement

The corrigendum outlines four primary changes to the explanatory statement accompanying the EGM notice. These modifications address the pricing mechanism, subscriber participation, and beneficial ownership details.

Pricing and Relevant Date

In accordance with Chapter V of the SEBI (ICDR) Regulations, the relevant date for determining the floor price for the preferential issue has been revised to Friday, June 12, 2026. This date is 30 days prior to the EGM. The issue price remains fixed at ₹356 per equity share and per warrant, including a premium of ₹346.

Subscriber Participation and Beneficial Ownership

The company clarified that none of the other promoters, members of the promoter group, directors, or key managerial personnel will subscribe to the proposed issue. Additionally, the details of the ultimate beneficial owners for select proposed allottees have been updated.

Regulatory Compliance

M/s Prachi Bansal and Associates, the Practicing Company Secretary, issued a certificate on June 20, 2026, confirming that the issue complies with SEBI (ICDR) Regulations. The corrigendum ensures that all disclosures in the EGM notice are accurate and updated for shareholder review.

Virtuoso Optoelectronics Limited will host a virtual group meeting with analysts and investors on July 10, 2026, at 10:30 AM IST. The interaction is organized by the company's Investor Relations firm, Kaptify Consulting. Management will engage with participants based on publicly available information, and no unpublished price sensitive information will be shared during the session.

The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the meeting may be cancelled, rescheduled, or postponed due to unavoidable exigencies.

Meeting Details

Pursuant to Regulation 46(2) of the Listing Regulations, the information regarding the meeting has been disclosed on the company's website. The intimation was submitted to BSE Limited and National Stock Exchange of India Limited on July 06, 2026.