Virtuoso Optoelectronics MD, chairman, board of directors and AGM
NSE: VOEPLBSE: 543597Consumer DurablesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹502.75.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,741 Cr1,416th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 11 Oct 2026
- 98.7
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Oct 2026
- 5.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Oct 2026
- 9.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 11 Oct 2026
- 0.67
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 64,54953.6% delivered
Virtuoso Optoelectronics board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorSukrit Bharati
- Company Secretary and Compliance OfficerPrasad Zinjurde
6 directors3 independent2 executive1 non-executive
- Sukrit Bharati · Chairperson and managing directorExecutive · joined Sep 2015 · reappointed Sep 2024 · 1 listed board · 2 committee seats
- Vishrut BharatiNon-executive · joined Sep 2015 · reappointed Apr 2021 · 1 listed board
- AbhinavExecutive · joined May 2023 · reappointed May 2023 · 1 listed board · 1 committee seat
- Ziral Pankajkumar SoniIndependent · joined Jan 2023 · reappointed Jan 2023 · 41 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Drashti Laxmikant SolankiIndependent · joined May 2023 · reappointed May 2023 · 37 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 2 as chair
- Ila S BhatIndependent · joined Apr 2024 · reappointed Apr 2024 · 26 months as independent · 1 listed board · 1 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 20 Jun 20266 of 6 present3 independent · 21 days in between
- 29 May 20265 of 6 present2 independent · 21 days in between
- 7 May 20265 of 6 present2 independent · 40 days in between
- 27 Mar 20266 of 6 present3 independent · 48 days in between
2 earlier meetings
- 6 Feb 20265 of 6 present3 independent · 1 day in between
- 4 Feb 20265 of 6 present2 independent
Audit Committee
Chair Drashti Laxmikant Solanki
Ziral Pankajkumar Soni, Sukrit Bharati, Ila S Bhat
- 20 Jun 20264 of 4 present3 independent · 21 days in between
- 29 May 20264 of 4 present3 independent · 21 days in between
- 7 May 20263 of 4 present2 independent · 40 days in between
- 27 Mar 20264 of 4 present3 independent · 50 days in between
1 earlier meeting
- 4 Feb 20263 of 4 present2 independent
Nomination and remuneration committee
Chair Ila S Bhat
Drashti Laxmikant Solanki, Ziral Pankajkumar Soni
- 29 May 20263 of 3 present3 independent · 62 days in between
- 27 Mar 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Ziral Pankajkumar Soni
Sukrit Bharati, Ila S Bhat, Abhinav
- 29 May 20264 of 4 present2 independent
Corporate Social Responsibility Committee
Chair Sukrit Bharati
Abhinav, Drashti Laxmikant Solanki, Ila S Bhat
- 29 May 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- SKVM & CO.Peer-review certificate valid to Mar 2027
2 earlier auditors
- SKVM & CompanyNamed in filings from Sep 2025 to Mar 2026
- M/s. Jain Chhajed & AssociatesNamed in the filing for the quarter to Jun 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Virtuoso Optoelectronics AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Virtuoso Optoelectronics share news and announcements
Annual general meeting, 30 Sep 2026
7,005 shareholders on the register on 23 Sep 2026; present: 3 promoters and 38 others; votes counted by CS Vishal Thawani / VTSN & Associates LLP.The company's voting result (opens in a new tab)
The Audited Financial Statements and The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 100.00% · institutions 54.73% · other public 2.54%
- To consider re-appointment of Mr. Vishrut Bharati (DIN: 06818457), who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 100.00% · institutions 54.73% · other public 2.54%
- To ratify the remuneration of cost auditors of the companyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 100.00% · institutions 54.73% · other public 2.54%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 24 Sep 2026, 1 resolution
6,897 shareholders on the register on 17 Sep 2026; present: 3 promoters and 41 others; votes counted by VISHAL THAWANI / VTSN & Associates LLP.The company's voting result (opens in a new tab)
- Issuance of Equity Shares of the Company to certain identified persons/ entity on Preferential BasisSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 49.04% · promoters 99.92% · institutions 4.51% · other public 5.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 12 Jul 2026, 2 resolutions
4,749 shareholders on the register on 5 Jul 2026; present: 3 promoters and 17 others; votes counted by VISHAL THAWANI / VISHAL THAWANI & ASSOCIATES.The company's voting result (opens in a new tab)
- Issuance of Equity Shares of the Company on a Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 59.70% · promoters 100.00% · institutions 68.03% · other public 4.16%
- Issuance of Unlisted Fully Convertible Warrants of the Company on a Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 59.70% · promoters 100.00% · institutions 68.03% · other public 4.16%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 30 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
The Audited Financial Statements and The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
1 for0 against- To consider re-appointment of Mr. Vishrut Bharati (DIN: 06818457), who retires by rotation and being eligible, offers himself for re-appointment1 for0 against
1 proposal not matched to one resolution
Ratification of remuneration of Rs. 75,000/- plus applicable taxes and reimbursement of out-of-pocket expenses payable to KPMSS and Associates, Cost Accountants, who have been appointed by the Board of Directors on the recommendation of the Audit Committee, as the Cost Auditors of the Company, to conduct the audit of the cost records maintained by the Company for the Financial Year ending March 31, 2027.MoreLess
1 for0 against
Mutual fund votes, meeting of 24 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
To create, issue, offer and allot, from time to time, in one or more tranches, up to 16,89,859 Equity Shares having a face value of Rs. 10 each at a price of Rs. 503/- per Equity Share (including a premium of Rs. 493/- per Equity Share), aggregating up to Rs. 84,99,99,077/- to the proposed allottees on preferential basis for cash and in such form and manner and in accordance with the provisions of SEBI (ICDR) Regulations and SEBI Takeover Regulations or other applicable laws.MoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeAdditional Commissioner, CGST & Central Excise, NashikSince 19 Mar 2025Appeal Filed
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesFeb 2026, checked by Infomerics Valuation and Rating Limited | 30.00 | Acquisition of Fixed assets (viz. land, building, plant and machineries) | 7.80 | 7.80 | No |
| Preferential IssuesFeb 2026, checked by Infomerics Valuation and Rating Limited | 30.00 | Long-term Working Capital | 7.60 | 7.60 | No |
| Preferential IssuesFeb 2026, checked by Infomerics Valuation and Rating Limited | 30.00 | General Corporate Purpose or such other objects, as board may from time to time decide in the best | 14.60 | 14.60 | No |