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Fischer Medical Ventures LtdImportant, 16-09-2025: Company Update

16-09-2025 | 10:40 am

Fischer Medical Ventures Limited clarified the dividend payable following its stock split. The company initially proposed a dividend of 0.5% on the face value of ₹10 per share, amounting to ₹0.05 per share. Subsequently, the company approved a stock split, changing the face value from ₹10 to ₹1 per share. As the record date for the stock split occurred before the dividend record date, the dividend is now applicable on the revised face value. Consequently, the dividend payable works out to 0.5% of the ₹1 face value, which is ₹0.005 per share. This adjustment ensures transparency for shareholders regarding their dividend entitlement post-split.

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