Fundviser Capital (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/03/2026 ,inter alia, to consider and approve This is to inform ....
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Fundviser Capital (India) Ltd has called a Board meeting on 23rd March 2026 to approve the allotment of 19,85,000 equity shares arising from the conversion of an equal number of Convertible Warrants. The conversion requests have come from 1 Promoter/Promoter Group warrant holder and 7 Non-Promoter/Strategic Investor warrant holders. The warrant holders will pay the remaining 75% of the issue price, i.e. Rs. 91.875 per warrant, taking the total issue price to Rs. 122.50 per warrant. These 19,85,000 warrants are part of the 64,85,000 warrants originally issued by the company on 25th November 2025.
The conversion will bring in approximately Rs. 18.25 crore of additional capital into the company from the remaining 75% payment. Shareholders should note potential dilution of equity as 19.85 lakh new shares will be issued, though this is part of a previously disclosed warrant issuance rather than a fresh fundraising.