Outcome of Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015 pursuant to allotment of 19,85,000 Equity shares on ....
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Fundviser Capital's Board approved the allotment of 19,85,000 equity shares on conversion of convertible warrants at Rs. 122.50 per share (Face Value Rs. 10 + Premium Rs. 112.50). The company received Rs. 18.24 crore from 8 allottees upon the balance 75% conversion payment of Rs. 91.875 per warrant. Promoter group entity Trikaal Theatres & Realty India received 11,50,000 shares, while 8,35,000 shares went to non-promoter strategic investors including Minerva Ventures Fund and Starlink General Trading LLP. As a result, the paid-up equity capital has increased from Rs. 5.91 crore (59,15,000 shares) to Rs. 7.90 crore (79,00,000 shares). This is a partial conversion out of 64,85,000 warrants originally allotted on a preferential basis in November 2025, leaving 45,00,000 warrants still pending conversion.
Existing shareholders face equity dilution as the share count rose by about 33.5%. Promoter holding has been reinforced through warrant conversion, and the company has raised fresh capital of Rs. 18.24 crore, which may strengthen its balance sheet for future growth. The remaining 45 lakh warrants, if converted later, would cause further dilution.