Fischer Medical Ventures Allots 1.42 Cr Equity Shares on Warrant Conversion

Fischer Medical Ventures Ltd announced the allotment of 1,42,78,217 equity shares following the conversion of warrants. The shares were issued at a price of ₹23.40 each, including a premium of ₹22.40 per share. The total consideration received for this conversion amounts to ₹25,05,82,708.35. This allotment was approved by the Board of Directors via a circular resolution and involved both promoter and non-promoter category warrant holders exercising their conversion option.