Virtuoso Optoelectronics Limited , a company currently listed on the BSE SME Platform, has announced a series of significant proposals that could reshape its future trajectory. The company has issued a postal ballot notice seeking shareholder approval for three key resolutions, each aimed at enhancing its market position and operational flexibility.

Proposed Migration to Main Boards

The most notable proposal is the company's plan to migrate its 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, with a paid-up equity share capital of Rs. 30.37 crore comprising 3.04 crore equity shares and 21.98 lakh outstanding convertible warrants.

The migration to the main boards is expected to provide enhanced recognition for the company and potentially increase participation by retail investors. However, it's important to note that this resolution requires a special majority to pass, with votes cast by non-promoter shareholders in favor of the proposal needing to be at least twice the number of votes against it.

Amendments to Employee Stock Option Scheme

The second resolution proposes amendments to the VOEPL Employee Stock Option Scheme 2023. These changes aim to make the scheme more employee-friendly and improve its effectiveness. Key modifications include:

• Removal of the 6-month exercise period limitation after vesting
• Introduction of flexibility in keeping options active for certain employees post-resignation or termination
• Adjustments to the treatment of vested options upon retirement
• Changes to the vesting schedule

Increase in Authorized Share Capital

The third resolution seeks to increase the company's authorized share capital from Rs. 35.00 crore to Rs. 75.00 crore. This significant boost is intended to meet future fund requirements and provide the company with greater financial flexibility.

Voting Process and Timeline

Shareholders can cast their votes through remote e-voting, which will be open from October 25, 2025, to November 23, 2025. The results of the postal ballot are scheduled to be declared by November 25, 2025.

These proposed changes, if approved, could mark a significant milestone in Virtuoso Optoelectronics' corporate journey, potentially positioning it for broader market exposure and providing it with the tools for future growth and employee retention. However, the outcome will ultimately depend on shareholder sentiment and their vision for the company's future.

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.