Shankar Varadharajan & PACs Acquire 0.35% Stake in Fischer Medical Ventures

Fischer Medical Ventures Ltd has announced a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Mr. Shankar Varadharajan and Persons Acting in Concert (PACs), including FMV Holdings Pte Ltd and Mr. Ravindran Govindan, have acquired an additional 0.35% stake in the company through a preferential allotment upon conversion of warrants. This acquisition increases their total holding to 11.81% of the total share capital and 11.06% of the total diluted share capital. The total equity shares capital of the company has increased post-acquisition.