Fischer Medical Ventures Ltd — Important, 31-03-2026: Company Update

Fischer Medical Ventures' Board has approved the allotment of 60 lakh new equity shares, each at an issue price of Rs. 23.40 (including a Rs. 22.40 premium). This issuance followed a promoter, Mr. Shankar Varadharajan, exercising 60 lakh convertible warrants. The company received Rs. 10.53 Cr from this conversion, which contributes to increased capital. This development strengthens the promoter's stake and provides additional funding for the company's operations.