Fischer Medical Ventures Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Fischer Medical Ventures' promoter group, including Mr. Shankar Varadharajan and FMV Holdings Pte Ltd, has increased its stake in the company. They converted warrants into 66.32 lakh new equity shares via a preferential allotment. This boosts their combined shareholding to 41.57 crore shares, representing 62.66% of the company's total equity capital. As a result, the company's total equity share capital expanded from Rs 65.68 crore to Rs 66.34 crore. This move signals a strengthened commitment from the promoter group.
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