Monitoring Agency Report

August 12, 2026 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra (East), Dalal Street, Mumbai – 400 001 Mumbai 400 051 Scrip Code: 543597 Scrip Code - VOEPL Dear Sir/Ma’am, Subject: Disclosure under Regulation 30 read with Clause 5A of Para A of Part A of Schedule III of SEBI (LODR) Regulations, 2015 Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 162(A)(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Monitoring Agency Report for the quarter ended June 30, 2026, issued by Infomerics Valuation and Rating Ltd, Limited is enclosed herewith. You are requested to take the same on your records. Thanking You, Yours Faithfully For Virtuoso Optoelectronics Limited Prasad Zinjurde Company Secretary and Compliance Officer M No. A54800 Monitoring Agency Report for Virtuoso Optoelectronics Limited for the quarter ended June 30, 2026 Monitoring Agency Report August 11, 2026 Virtuoso Optoelectronics Limited P NO. 7 MIDC SATPUR, Nashik, Maharashtra, India, 422007 Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential issue of Virtuoso Optoelectronics Limited (“The Company”) We write in our capacity of Monitoring Agency for the Preferential Issue of fully convertible share warrant for the amount aggregating to Rs. 140.00 crore and refer to our duties cast under 162A of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations). In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated August 21, 2025. Request you to kindly take the same on records. Thanking you, For and on behalf of Infomerics Valuation and Rating Limited Gaurav Jain (Director - Ratings) gaurav.jain@infomerics.com Report of the Monitoring Agency Name of the Issuer: Virtuoso Optoelectronics Limited For quarter ended: June 30, 2026. Name of the Monitoring Agency: Infomerics Valuation and Rating Limited (a) Deviation from the objects: Nil (b) Range of Deviation: Nil Indicate range of percentage deviation from the amount of issue proceeds earmarked for objects. For example, up to 10%, 10 – 25%, 25-50%, 50-75%, 75-100%, not ascertainable etc. * Range of Deviation may be computed by taking weighted average of financial deviation of each object in the ratio of issue proceeds allocated for it. Non-financial deviation may be indicated separately by way of notes. Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We declare that we do not have any direct / indirect interest in or relationship with the issuer/promoters/directors/management and also confirm that we do not perceive any conflict of interest in such relationship / interest while monitoring and reporting the utilization of issue proceeds by the issuer. We further declare that this report provides true and fair view of the utilization of issue proceeds. Signature: Name of the Authorized Person/Signing Authority: Gaurav Jain Designation of Authorized person/Signing Authority: Director - Ratings Seal of the Monitoring Agency: Date: August 11, 2026. 1. Issuer Details: Name of the issuer: Virtuoso Optoelectronics Limited Names of the promoters of the issuer: Sukrit Arvind Bharati Industry/sector to which it belongs: Manufacturing of high-volume production of Electronics Manufacturing Services (EMS) and consumer products. 2. Issue Details: Issue Period: 12 months from the date of allotment of initial 25% of warrants starting from August 26, 2025, to August 26, 2026. Type of issue (public/rights): Preferential Issue Type of specified securities: Fully convertible share warrants Grading: Not Applicable Issue size (Rs in Crores): Rs. 140.00 crores Particulars Remarks Amount (in Rs. crore) Approved by EGM Total Warrants to be issued 30,76,923# 140.00* Details of expenses to be incurred - - Net Proceeds to be received - 140.00 Current Status (Refer Note 1) Warrants – 25% Share Application money 30,76,923 35.00 Total Warrants converted into shares during Q2FY26 (Balance 75% of share 8,79,121 30.00 warrants proceed) Total Warrants converted into shares during Q3FY26 (Balance 75% of share 5,86,081 20.00 warrants proceed) Total Warrants converted into shares during Q4FY26 (Balance 75% of share 30.00 warrants proceed) Total - 115.00 #Each Warrant held by the Proposed Allottee shall entitle each of them to apply for and obtain allotment of 1 (One) Equity Share of the face value of Rs. 10/- (Rupees Ten Only) at any time after the date of allotment but on or before the expiry of 12 (Twelve) months from the date of allotment of warrants (the “Warrant Exercise Period”). * Upon complete exercise of outstanding 30,76,923 shares warrants. Note 1: The offer comprises of 30,76,923 equity warrants of the company convertible into equal number of equity shares at a price of Rs. 455.00 per warrant as determined on the relevant date aggregating to Rs. 140.00 crore for cash consideration by way of preferential allotment to Malabar India Fund Limited. The issue was fully subscribed, and the company allotted 30,76,923 Equity warrants on August 26, 2025, to the applicant upon receipt of initial 25% amounting to Rs. 35.00 crore. On 17th September 2025, the company received the balance 75% for 8,79,121 convertible share warrants amounting to Rs. 30.00 crore from the investors in the account and allotted 8,79,121 equity shares on September 22, 2025. On 7th November 2025, the company received the balance 75% for 5,86,081 convertible share warrants amounting to Rs. 20.00 crore from the investors in the account and allotted 5,86,081 equity shares on 7th November 2025. On 6th February 2026, the company received the balance 75% for 8,79,121 convertible share warrants amounting to Rs. 30.00 crore from the investors in the account and allotted 8,79,121 equity shares on 6th February 2026. 3. Details of the arrangements made to ensure the monitoring of issue proceeds: Source of information / Comments of certifications considered by Comments of Monitoring Particulars Reply Board of Monitoring Agency for Agency Directors preparation of report Yes, the utilization Whether all the utilization is as per disclosure in has been made as Bank Statements, CA Offer per the offer Certificate#, Management Nil No comments Document? document Declaration@, Notice of EOGM*. There are no Not applicable Not applicable deviations from the Whether Shareholder approval is obtained in case expenditure of material deviations from expenditures disclosed in the No comments disclosed in Offer Offer Document. Document? Hence no [Showing first 8,000 characters — download PDF for full document]