Fischer Medical Ventures (FISCHER) — Board Meeting

📢 Key Event
Board approves conversion of 66,31,664 warrants into equity shares.

🔄 What Changed
Rs. 11.64 crore received from warrant conversion.

💡 Investor Takeaway
The conversion raises capital and dilutes promoter holdings through new equity issuance.

Fischer Medical Ventures Limited announced the board's approval on August 12, 2026, to convert 66,31,664 convertible warrants into equity shares at Rs. 23.40 per share, generating Rs. 11.64 crore from cash payments covering 75% of the exercise price. The allotment includes promoter Mr. Shankar Varadharajan and FMV Holdings Pte Ltd.

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About Fischer Medical Ventures Limited (FISCHER)

Healthcare · Healthcare Equipment & Supplies · Listed on NSE

Market Cap: ₹2,261.37 Cr P/E: 59.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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