Fundviser Capital (India) Ltd — Updates, 24-04-2025: Company Update
24-04-2025 | 12:25 pm
24-04-2025 | 12:25 pm
Fundviser Capital (India) Limited has announced a board meeting outcome, approving the allotment of 7,62,500 equity shares at a face value of ₹10 each and a premium of ₹48.25, following the conversion of convertible warrants by the promoter group. This increases the paid-up equity share capital from ₹5.15 crore to ₹5.91 crore, enhancing liquidity and potentially supporting future growth initiatives. The company received ₹3.33 crore from warrant holders, reflecting positive sentiment among promoters. Investors may view this as a potential opportunity for long-term valuation increases, although increased share dilution is a consideration.
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