VOEPLBSEVirtuoso Optoelectronics LtdMinimalNeutral
Announced Wed, 4 Feb · 18:10 IST

Statement of Deviation for Q3 FY 206

VOEPL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Virtuoso Optoelectronics has filed a quarterly compliance statement confirming there is no deviation or variation in the use of funds raised through its preferential allotment (warrants converted into equity) for the quarter ended December 31, 2025. During this quarter, the company received Rs. 20 Crore from the conversion of 5,86,081 warrants into equity shares at Rs. 455 each (Rs. 10 face value + Rs. 445 premium). Across the utilization table, Rs. 30 Crore was deployed: Rs. 2.54 Crore towards acquisition of fixed assets (building and plant & machinery), Rs. 7.86 Crore for long-term working capital, and Rs. 19.60 Crore for general corporate purposes. The Audit Committee reviewed the statement at its February 4, 2026 meeting, and Infomerics Valuation and Rating Ltd is acting as the monitoring agency.

Likely market impact

This is a routine regulatory filing confirming that the company is using the money raised from its preferential issue exactly as disclosed to shareholders, with no change in purpose or terms. No negative signal for investors — funds are being deployed on schedule across the stated objectives.