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Fundviser Capital (India) LtdImportant, 11-08-2026: Company Update

11-08-2026 | 07:11 pm

The company confirmed no deviation in the use of funds from its preferential issue of convertible warrants for the quarter ended June 30, 2026, other than a deviation previously disclosed in March 2026. This quarter, Rs. 10.97 Cr was available for utilization from the original funds. Earlier, 19.85 lakh convertible warrants were converted into equity shares, generating Rs. 18.24 Cr, with 45 lakh warrants remaining outstanding. The funds are designated for strategic investments in subsidiaries such as DARS Transtrade, New India Re & Infra, and Starlight Box Theatres, alongside meeting long-term funding, working capital, and general corporate needs for future growth.

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