Allotment of 23L equity shares on warrant conversion to promoter

Warrants ConvertedFund Raising View source PDF Explain this filing

FISCHER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.1%Reaction day

₹38.31

prior close

₹38.47

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-2.5% vs market

Medical Equipment & Supplies peers, median of 10sector-0.5%-1.6% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 1.6 pts less than its Medical Equipment & Supplies peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.5

15m

+0.3

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1+0.4-2.5-0.5-1.6

Next day

+1.4+0.5+0.8-0.1+1.4

+1.8+0.6+1.2-1.7+3.5

-1.9+0.7-2.7-1.7-0.3

-0.5+1.1-1.6-4.3+3.8

+1.8+0.5+1.3-3.3+5.1

-0.5+1.3-1.8-5.1+4.5

15d

-1.3+0.5-1.8+0.7-2.0

-9.0-0.8-8.1-0.3-8.6

-21.7-0.9-20.8-5.8-15.9

—————

UpDownMarket · Nifty Microcap 250Sector · Medical Equipment & Supplies peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Fischer Medical Ventures allotted 23,00,000 equity shares (face value Re. 1) at Rs. 23.40 each, including a premium of Rs. 22.40 per share, to promoter Mr. Shankar Varadharajan upon converting 23 lakh warrants. The company received Rs. 4.04 crore as the remaining 75 percent exercise price. Board approved the allotment via circular resolution on August 11, 2026.

Likely market impact

Promoter stake increases; minor dilution since shares are issued at a premium of Rs. 22.40 each.