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Fischer Medical Ventures receives Rs 403.65 million from equity share allotment to a promoter
11-Aug-2026, 06:24
Fischer Medical Ventures Limited announced that its Board of Directors approved the allotment of 23,00,000 equity shares with a face value of Re. 1 each at an issue price of Rs 23.40 per share, including a premium of Rs 22.40, to Mr. Shankar Varadharajan, a promoter, upon the exercise of convertible warrants, resulting in a total consideration received of Rs 4,03,65,000.
Fischer Medical Ventures Limited announced that its Board of Directors approved the allotment of 23,00,000 equity shares with a face value of Re. 1 each at an issue price of Rs 23.40 per share, including a premium of Rs 22.40, to Mr. Shankar Varadharajan, a promoter, upon the exercise of convertible warrants, resulting in a total consideration received of Rs 4,03,65,000.