ReferIndia News Virtuoso Optoelectronics Board Approves Enabling Resolution to Raise Funds Up to ₹250 Crores

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Virtuoso Optoelectronics Board Approves Enabling Resolution to Raise Funds Up to ₹250 Crores

Published on: May 7, 2026, 7:11 p.m. | Source: scanx.trade

Virtuoso Optoelectronics Limited's Board of Directors, at their meeting on May 07, 2026, approved an enabling resolution to raise funds up to ₹250 Crores in one or more tranches. The funds may be raised through equity shares and/or eligible securities or convertible instruments via routes including QIP, preferential issue, or rights issue. The proposal remains subject to regulatory and statutory approvals, with member approval to be sought through a General Meeting and/or postal ballot.

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