As detailed in the Intimation Letter attached herewith.
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Awaiting price reaction for this filing.
Fundviser Capital (India) Ltd has informed BSE about a Board Meeting scheduled on 16th June 2025 to consider and approve a proposal for issuing Equity Shares and Convertible Warrants on a Preferential Basis to its Promoters as well as Strategic Investors (Non-Promoters). The fund raise will be carried out under Section 42 and 62 of the Companies Act, 2013 and the SEBI ICDR Regulations, 2018. The Board will also approve the draft notice for a subsequent Extra Ordinary General Meeting (EGM) and appoint a scrutinizer for the e-voting process. The trading window for insiders has been closed from 10th June 2025 until 48 hours after the outcome is made public.
Shareholders should expect potential dilution from the preferential allotment to promoters and strategic investors, though promoter participation signals confidence. The eventual issue price and warrant terms will be key in determining whether this is value-accretive or dilutive for existing retail shareholders.