Fundviser Capital (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/06/2025 ,inter alia, to consider and approve Dear Sir/Madam, We ....
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Fundviser Capital (India) Ltd has informed BSE that its Board of Directors will meet on Monday, 16th June, 2025 to consider and approve a proposal to issue Equity Shares and/or Convertible Warrants on a preferential basis to Promoters and Strategic Investors (Non-Promoters) to raise additional capital. The issue will be done under Sections 42 and 62 of the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018. The Board will also finalise the draft notice for an Extra Ordinary General Meeting (EGM), fix its date and time, and appoint a scrutiniser 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. No issue price, number of shares/warrants, or specific investor names have been disclosed yet — those details are expected after the Board meeting.
If approved, the preferential allotment will dilute existing shareholders and bring in fresh capital from promoters and strategic investors, which may be viewed positively as a sign of confidence but could also lead to share price pressure post-announcement once pricing is known. Investors should watch for the post-Board announcement for issue price, dilution percentage, and identity of strategic investors.