Fundviser Capital (India) Limited , a company in the investment sector, has taken significant steps to strengthen its capital structure and strategic positioning. The company's board has approved the allotment of convertible warrants, marking an important development in its financial strategy.

Convertible Warrants Allotment

Fundviser Capital's board has approved the allotment of 64,85,000 convertible warrants on a preferential basis. Here are the key details of the approved warrant issue:

This move is aimed at raising capital for the company's growth initiatives while potentially increasing the promoter stake in the company. The warrants can be converted into equity shares by May 24, 2027, providing flexibility to the warrant holders.

Breakdown of Warrant Allotment

Out of the total 64,85,000 convertible warrants:

• 42,60,000 warrants were allotted to promoter group members
• 22,25,000 warrants were allotted to non-promoters

The promoter group allottees include Prem Krishan Jain, Kriti Jain, Renu Prem Jain, Trikaal Theatres Realty India Private Limited, and Mohit Prem Krishan Jain.

Financial Implications

The company has raised Rs. 19.86 crore upfront through this allotment. This represents 25% of the total warrant value, as is typical in such transactions. The remaining amount will be payable upon conversion of the warrants into equity shares.

Upon full conversion of these warrants, the company's diluted share capital is expected to increase to Rs. 12.40 crores.

Strategic Significance

The allotment of convertible warrants to promoters and strategic investors indicates confidence in the company's future prospects. It also provides Fundviser Capital with additional capital that can be deployed for various growth initiatives or strengthening the company's financial position.

Previous Shareholder Approval

This allotment follows a previous Extraordinary General Meeting (EOGM) where shareholders had approved the issue of convertible warrants and alterations to the company's Main Object Clause. The current board approval and allotment are in line with those shareholder resolutions.

Investors and market watchers will likely keep a close eye on how Fundviser Capital utilizes this additional capital and how it impacts the company's future performance and market positioning. The company is expected to keep the market informed of any material developments resulting from this capital raise, in adherence to regulatory disclosure norms.

Fundviser Capital Limited has announced a crucial Board of Directors meeting scheduled for September 29, 2025, to discuss and potentially approve a significant capital raising initiative through a preferential issue of equity shares and convertible warrants.

Key Agenda Items

The board meeting, to be held at the company's registered office, will focus on several important matters:

1. Preferential Share Issue: The board will discuss and finalize a proposal for issuing equity shares and convertible warrants on a preferential basis to promoters and strategic investors (non-promoters). This move is aimed at raising additional capital for the company, in accordance with Section 42 and 62 of the Companies Act, 2013, and SEBI regulations.

2. EGM Preparations: The board will adopt and approve the draft notice for an Extraordinary General Meeting (EGM). They will also set the day, date, and time for this EGM.

3. E-voting Process: A scrutinizer will be appointed to oversee the e-voting process for the upcoming EGM, ensuring transparency and compliance with regulatory requirements.

Trading Window Closure

In line with regulatory compliance and to maintain fair trading practices, Fundviser Capital has implemented a trading window closure:

• Closure Period: From September 22, 2025, until 48 hours after the board meeting's outcome is made public.
• Affected Parties: This closure applies to promoters, directors, insiders, designated employees, designated persons of the company, and their immediate relatives.
• Restriction: All affected parties are prohibited from trading in the company's securities during this period.

Implications and Outlook

The proposed preferential issue, if approved, could significantly impact Fundviser Capital's capital structure and potentially its growth strategies. Shareholders and potential investors will be keenly watching the outcome of this board meeting, as it may influence the company's future financial position and market performance.

Investors are advised to await the official announcement of the board meeting's results, which will provide more details on the preferential issue and the upcoming EGM.

Note: The trading window closure is a standard regulatory practice to prevent insider trading and ensure fair market practices during periods of potentially price-sensitive decision-making.