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Fischer Medical Ventures' promoter, Shankar Varadharajan, has pledged 3 crore equity shares, or 4.63% of total capital, with HDFC Bank. This serves as collateral for a ₹40 Cr loan to a group company. The funds are earmarked for a wholly-owned subsidiary's working capital, aiming to bolster group operations and consolidated performance. The pledged shares are valued at ₹109.59 Cr, providing a 2.74x cover for the loan. This move highlights promoter support for the group's financial health.