BSEInsider Trading / SAST3d ago · 25 Jul 2026, 11:28 am
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Malabar India Fund Ltd
Virtuoso Optoelectronics Ltd · 543597
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Virtuoso Optoelectronics Ltd has disclosed under Regulation 29(1) of SEBI (SAST) Regulations, 2011, that Malabar India Fund Ltd has acquired 7,32,600 equity shares through conversion of warrants, resulting in a change in holding by more than 2%.
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Virtuoso Optoelectronics Ltd - 543597 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
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Jul24 6
(BSE)
Virtuoso
- 7, MIDC Satpur
43597 Nashik 422007
Virtuoso
Dear Sir/Madam,
With reference to the captioned subject, please find enclosed, as -- 11, the
disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011, pursuant to the further allotment of 7,32,600 equity
shares of Virtuoso Optoelectronics Limited through conversion of warrants, resulting
into changing the holding by more than 2% as per above mentioned regulation.
We request you to take the same on your records.
Thanking You
Enclosed: Annexure I
ANNEXURE 1
FormatfordisclosuresunderRegulation29(1)ofSEBI(SubstantialAcquisitionofSharesand
Takeovers)Regulations,2011
Part-A-DetailsoftheAcquisition
VirtuosoOptoelectronicsLtd
NameoftheTargetCompany(TC)
MalabarIndiaFundLimited
Name(s)oftheacquirerandPersonsActinginConcert
(PAC)withtheacquirer
WhethertheacquirerbelongstoPromoter/Promotergroup
BSELimited
Name(s)oftheStockExchange(s)wherethesharesofTC
areListed
Number %w.r.t.total %w.r.t.total
share/voting diluted
Detailsoftheacquisitionasfollows
capital share/voting
wherever capitalofthe
applicable(*) TC(**)
Beforetheacquisitionunderconsideration,holdingof
acquireralongwithPACsof:
a) Sharescarryingvotingrights
23,44,323 7.36% 7.36%
b) Sharesinthenatureofencumbrance(pledge/lien/ Nil N.A N.A
non-disposalundertaking/others)
c) Votingrights(VR)otherwisethanbyequityshares Nil N.A N.A
d) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying 7,32,600 NA N.A.
voting rights in the TC (specify holding in each
category)
e) Total(a+b+c+d) 30,76,923 7.36% 7.36%
Detailsofacquisition
a) Sharescarryingvotingrightsacquired 7,32,600 2.62% 2.62%
b) VRsacquiredotherwisethanbyequityshares Nil N.A
c) Warrants/convertible securities/any other instrument
Nil N.A
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category)acquired
d) Sharesinthenatureofencumbrance(pledge/lien/ N.A
non-disposalundertaking/others) Nil N.A
e) Total(a+b+c+d) 7,32,600 2.62% 2.62%
Aftertheacquisition,holdingofacquireralongwith
PACsof:
a) Sharescarryingvotingrights 32,51,923 9.98% 9.98%
b) VRsotherwisethanbyequityshares Nil N.A N.A
c) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying NIL NA NA
voting rights in the TC (specify holding in each
category)afteracquisition
d) Sharesinthenatureofencumbrance(pledge/lien/ N.A N.A
non-disposalundertaking/others)
e) Total(a+b+c+d) 32,51,923 9.98% 9.98%
Conversionofwarrantsintoequityshares
Mode of acquisition (e.g. open market / public issue / rights
issue / preferential allotment / inter-se transfer/encumbrance,
etc.)
N.A.
Salientfeaturesofthesecuritiesacquiredincludetimetill
redemption,ratioatwhichitcanbeconvertedintoequity
shares,etc.
21Jul2026
Dateofacquisitionof/dateofreceiptofintimationof allotment
ofshares/VR/warrants/convertiblesecurities/anyother
instrumentthatentitlestheacquirertoreceivesharesintheTC.
3,18,33,079EquitySharesofRs.10/-each
Equitysharecapital/totalvotingcapitaloftheTCbeforethe
FullyPaidUp
saidacquisition.
3,25,65,679EquitySharesofRs.10/-each
Equitysharecapital/totalvotingcapitaloftheTCafterthe
FullyPaidUp
saidacquisition
3,25,65,679EquitySharesofRs.10/-each
Totaldilutedshare/votingcapitaloftheTCafterthesaid
FullyPaidUp
acquisition.
Part-B***
Name of the Target Company: Virtuoso Optoelectronics Limited
Name(s) of the acquirer and Whether the acquirer PAN of the acquirer
Persons Acting in Concert belongs to Promoter/ and/ or PACs
(PAC) with the acquirer Promoter group
Malabar India Fund Limited No AAFCM6589C
For. Malabar India Fund Limited
Director: Mohinee Bhollah
Date: Jul 24, 2026
Place: Mumbai
Note:
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock
Exchange under Clause 35 of the listing Agreement.
Total Equity Share Capital as on June 30, 2026, is 3,18,33,079 Equity Shares of Rs. 10/- Each Fully Paid-up
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of
the outstanding convertible securities/warrants into equity shares of the TC.
Total Diluted Capital as on Dec 31, 2025, is 3,25,65,679 Equity Shares of Rs. 10/- Each Fully Paid-up
assuming full conversion of the outstanding convertible warrants into equity shares of the TC.
(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.
******