Fischer Medical Ventures Ltd — Important, 11-08-2026: Company Update

Fischer Medical Ventures' Board has approved the allotment of 23 lakh equity shares, each with a face value of Re. 1 and an issue price of Rs. 23.40. These shares were issued to a promoter, Mr. Shankar Varadharajan, following the conversion of 23 lakh convertible warrants. The company received Rs. 4.0365 crore as the remaining exercise price. This conversion increases the company's equity capital and provides a fresh capital infusion.