Virtuoso Optoelectronics to Raise ₹1,400 Cr via Convertible Warrants—Eyes Expansion & Strategic Growth

Virtuoso Optoelectronics Ltd., a key player in India’s electronics manufacturing space, has announced plans to raise ₹1.4 billion through the issuance of fully convertible warrants on a preferential basis. The move, approved by the company’s board, is aimed at strengthening its capital base and funding future expansion initiatives, including capacity enhancement and R&D investments.

 

The warrants will be issued to select investors, including promoters and strategic partners, and will be convertible into equity shares within 18 months from the date of allotment. This capital infusion is expected to bolster Virtuoso’s position in the consumer electronics and smart appliance segments, where demand is surging both domestically and globally.

 

The company has been scaling rapidly, with a growing export footprint and a focus on energy-efficient, IoT-enabled products. This fundraising aligns with its long-term vision of becoming a global contract manufacturing powerhouse.

 

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Source: BSE Corporate Filing – Virtuoso Optoelectronics