Shankar Varadharajan Acquires 0.92% Stake in Fischer Medical Ventures Ltd Through Preferential Allotment

Key Highlights

• Shankar Varadharajan, FMV Holdings Pte Ltd, and Mr. Ravindran Govindan have acquired a 0.92% stake in Fischer Medical Ventures Ltd.
• The acquisition was made through preferential allotment of warrants.
• The total equity shares capital of the company after the acquisition stands at Rs. 65,45,15,470 divided into 65,45,15,470 Equity Shares of Re. 1 each.
• The acquisition was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• The total diluted share/voting capital of the TC after the said acquisition is Rs. 69,86,85,470 divided in to 69,86,85,470 Equity Shares of Re. 1 each.