Fischer Medical Ventures Subsidiaries Issue Rights Shares

Fischer Medical Ventures Ltd's Board of Directors approved rights issues by its material unlisted subsidiaries: Time Medical International Ventures (India) Private Limited, Flynncare Health Innovations Private Limited, and FMV Global Innovation Pte. Ltd. The company will also invest in these rights issues. Time Medical issued 15,603 shares at ₹7,370.25 each, Flynncare issued 1,507 shares at ₹82,943.48 each, and FMV Global issued 53 shares at ₹48,83,552.64 each. The total investment by Fischer Medical Ventures in Time Medical is INR 11,50,00,000.