Sar Televenture Limited — Important, 19-07-2025: General Updates

SAR Televenture's subsidiary, Fusionnet Web Services Limited (FWSL), has strategically raised capital to expand its retail broadband customer base and operations. FWSL issued new shares through a preferential allotment. Crucially, FWSL also converted an outstanding loan of Rs 2.66 Cr owed to SAR Televenture into equity. While this move injects funds into FWSL for growth initiatives, it has slightly reduced SAR Televenture's shareholding in FWSL from 93.74% to 90.82%. This financial restructuring supports FWSL's scaling efforts.