Virtuoso Optoelectronics Ltd

Virtuoso Optoelectronics: Preferential Issue & Capacity Expansion

- Deep freezer capacity: 1,50,000 to 2,50,000 units p.a.

- Plant & machinery to be purchased from China

- Preferential issue of 16,89,859 shares at Rs. 503 each

- Total issue size: Rs. 84,99,99,077

- Allottee: ICICI Prudential SmallCap Fund (10,93,439 shares)

- Allottee: ICICI Prudential Retirement Fund-Hybrid Aggressive Plan (2,98,210 shares)

- Allottee: Clarus Capital II (2,98,210 shares)

- Proceeds: Rs. 46 crores for working capital

- Proceeds: Rs. 17.97 crores for plant & machinery

- Proceeds: Rs. 21.02 crores for general corporate purposes