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Fundviser Capital (India) LtdImportant, 05-02-2026: Company Update

05-02-2026 | 07:46 pm

Fundviser Capital announced no deviation in the use of proceeds from its preferential issue of convertible warrants. The company received Rs. 19.86 Cr, representing 25% of the total Rs. 79.44 Cr issue. Of this, Rs. 19.85 Cr was utilized for stated objectives, including Rs. 12.80 Cr for DARS Transtrade Private Limited, Rs. 0.62 Cr for New India Re & Infra LLP, Rs. 2.00 Cr for Starlight Box Theatres Private Limited, and Rs. 4.43 Cr for general corporate purposes. A balance of Rs. 0.01 Cr remains unutilized. This confirms the funds are being deployed as intended, enhancing transparency for shareholders.

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