Fischer Medical raises Rs 25 crore in warrant conversion

What's the deal? Fischer Medical VenturesDealroom has a profile for this one. Try Dealroom → has raised Rs 25.06 crore ($2.86 million) by converting share warrants into equity, the company said on August 13, 2026. Its board approved the allotment of 1,42,78,217 shares at Rs 23.40 each.

Who put in the money? Capital came from promoter and non-promoter entities, including promoter Shankar Varadharajan, FMV Holdings Pte Ltd and Vikasa India EIF-I FundDealroom has a profile for this one. Try Dealroom →. The sum represents the remaining 75% of the warrant exercise price.

What changes now? The conversion increases Fischer Medical Ventures' paid-up equity share capital and changes its ownership structure, with a larger equity base also affecting earnings per share for existing shareholders.

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