Date: August 13, 2026
Board Meeting Outcomes
The Board of Directors of Fischer Medical Ventures Limited, through a Circular Resolution dated August 13, 2026, approved the allotment of equity shares upon conversion of share warrants.
Share Allotment Details
- Total Equity Shares Allotted: 1,42,78,217 (One Crore Forty Two Lakhs Seventy Eight Thousand Two Hundred and Seventeen)
- Face Value: Re. 1/- per share
- Issue Price: ₹23.40 per share (including a premium of ₹22.40 per share)
- Total Consideration Received: ₹25,05,82,708.35 (Twenty Five Crore Five Lakhs Eighty Two Thousand Seven Hundred and Eight and Thirty Five Paise)
- Payment Terms: Received remaining 75% of warrant exercise price (₹17.55 per warrant) upon conversion
Allottee Details
| S.No | Name of Allottee | Category | No. of Warrants Converted | Consideration Received (₹) |
| 1 | Mr. Shankar Varadharajan | Promoter | 15,00,000 | 2,63,25,000.00 |
| 2 | FMV Holdings Pte Ltd | Promoter | 97,78,217 | 17,16,07,708.35 |
| 3 | Vikasa India Eif I Fund | Non-Promoter | 30,00,000 | 5,26,50,000.00 |
| | Total | | 1,42,78,217 | 25,05,82,708.35 |