Corrigendum to EGM Notice for Preferential Issue of Shares and Warrants

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close

-5.2%1-day move

₹465.00

prior close

₹467.95

base price

After-mkt

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-0.2———-5.2-3.4-5.3-5.8-1.7+11.4————

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AI summary

Virtuoso Optoelectronics issued a corrigendum to its EGM notice (EGM on July 12, 2026 at 11 AM via VC) for a proposed preferential issue of 16,85,392 equity shares at Rs. 356 each (about Rs. 60 crore) and 7,02,246 convertible warrants at Rs. 356 each (about Rs. 25 crore), total about Rs. 85 crore. Changes: relevant date fixed as June 12, 2026; no promoters or KMPs to subscribe; UBOs of select allottees updated; PCS certificate updated.

Likely market impact

Minor update to EGM notice for the preferential issue. No change to key terms. Shareholders should review the corrigendum before the July 12 EGM.