Virtuoso Optoelectronics Limited , a company currently listed on the BSE SME Platform, has successfully secured shareholder approval for three key resolutions that will reshape its future trajectory. The company conducted a postal ballot, and the results indicate overwhelming support for the proposed changes.

Approved Resolutions

1. Migration to Main Boards: Shareholders have approved the migration of the company's equity shares from the BSE SME platform to the main boards of both BSE Limited and the National Stock Exchange of India Limited. This move comes as Virtuoso Optoelectronics has surpassed a market capitalization of Rs. 1,500.00 crore.

2. Amendments to Employee Stock Option Scheme: The proposed changes to the VOEPL Employee Stock Option Scheme 2023 have been approved, making it more employee-friendly and improving its effectiveness.

3. Increase in Authorized Share Capital: Shareholders have given their consent to increase the company's authorized share capital from Rs. 35.00 crore to Rs. 75.00 crore, providing greater financial flexibility for future growth.

Voting Results

The resolutions were passed with an overwhelming majority, receiving between 99.81% to 99.998% votes in favor. A total of 15 equity shareholders, representing 1,59,61,376 shares, participated in the e-voting process.

Implications

These approved changes mark a significant milestone in Virtuoso Optoelectronics' corporate journey. The migration to the main boards is expected to provide enhanced recognition for the company and potentially increase participation by retail investors. The amendments to the employee stock option scheme aim to improve retention and motivation, while the increase in authorized share capital provides the company with greater financial flexibility to meet future fund requirements.

With these strategic changes now approved, Virtuoso Optoelectronics is well-positioned for broader market exposure and future growth opportunities.

Virtuoso Optoelectronics Limited , a player in the optoelectronics sector, has announced significant corporate actions following a board meeting held on October 19, 2025. The company's Board of Directors approved four key decisions that could potentially reshape its market presence and capital structure.

Exchange Migration

The board has given the green light for the company to migrate its equity shares from the BSE SME Exchange to the main boards of both BSE Limited and the National Stock Exchange of India Limited. This move could potentially increase Virtuoso Optoelectronics' visibility and liquidity in the market.

ESOP Modifications

Significant changes to the Employee Stock Option Plan (ESOP) scheme were approved. These modifications aim to provide more flexibility and benefits to employees. The key changes include:

These modifications may enhance the attractiveness of the ESOP scheme for employees, potentially aiding in talent retention and attraction.

Authorized Share Capital Increase

The board has approved a substantial increase in the company's authorized share capital:

Note: Authorized Share Capital and Number of Equity Shares are in crores, Face Value per Share is in Rs.

This increase in authorized share capital could provide the company with more flexibility for future fundraising or other corporate actions.

Postal Ballot

The board has also approved a postal ballot notice, the details of which were not specified in the announcement.

It's important to note that all these decisions are subject to shareholder approval. The company will need to secure the consent of its shareholders before implementing these changes.

These corporate actions, if approved by shareholders, may signify Virtuoso Optoelectronics' intentions for growth and expansion. The potential migration to main exchanges could increase the company's market visibility, while the ESOP modifications and capital increase could provide more flexibility in terms of employee benefits and future financial strategies.