The Company had filed an intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 vide letter no. FVCIL/SEC/BSE/9789/2025-2026 dated 18/02/2026. It was revealed that there were two ....
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Fundviser Capital (India) Ltd has issued a correction to its earlier intimation (dated 18 February 2026) regarding its proposed acquisition of 100% shares of Silver Sage Trading LLC, a single-owner Limited Liability Company incorporated in the UAE. Two corrections have been made: first, the business objects of the target have been clarified as General Trading, including commodities, metals scrap and electronics trading, among other permitted activities under its Dubai Commercial Register license. Second, the investment value was wrongly reported earlier as Rs. 1.25 crore; the actual investment, including takeover of current stocks, is approximately Rs. 2.5 crore — double the originally stated figure. The acquisition of a foreign trading entity represents a notable international expansion for this small-cap listed company.
The doubled investment value (from Rs. 1.25 crore to Rs. 2.5 crore) increases the company's capital commitment to its UAE foray, though the absolute amount remains modest. For retail shareholders, the key takeaway is that the company is deploying funds into a foreign general-trading business, which diversifies its footprint beyond India but adds execution and forex risk. Watch for further updates on completion and performance of this subsidiary.