Fundviser Capital (India) Limited, a company primarily engaged in investment activities, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025. The results, approved by the company's Board of Directors, reveal a mixed performance with significant revenue growth but a continued net loss on a consolidated basis.

Key Financial Highlights

• Consolidated Revenue: The company reported a substantial increase in consolidated revenue from operations, rising to Rs. 4,294.41 crore for Q2 FY2026, up from Rs. 1,700.48 crore in the previous quarter.

• Consolidated Net Loss: Despite the revenue surge, Fundviser Capital posted a consolidated net loss of Rs. 2.36 crore for the quarter. However, this represents an improvement from the previous quarter's net loss of Rs. 51.62 crore.

• Standalone Performance: On a standalone basis, the company's net loss narrowed to Rs. 5.12 crore, compared to a loss of Rs. 12.80 crore in the previous quarter. Standalone revenue from operations increased to Rs. 104.06 crore from Rs. 51.69 crore.

Financial Position

The consolidated statement of assets and liabilities as of September 30, 2025, shows:

Operational Insights

Fundviser Capital operates through several subsidiaries, including Starlight Box Theatres Private Limited and DARS Transtrade Private Limited. The company is also a partner in New India RE & INFRA LLP, with a 64% capital contribution.

Auditor's Review

The company's auditors, JMT Associates, have conducted a limited review of the financial statements and provided an unmodified opinion. The Audit Committee has reviewed the results without offering any additional comments.

Recent Developments

The company recently completed a preferential issue of equity shares and convertible warrants, raising approximately Rs. 129.61 crore. This aligns with Fundviser Capital's focus on investments, long-term funding requirements, working capital, and general corporate purposes.

Looking Ahead

While the company has shown significant revenue growth, it continues to face challenges in achieving profitability. Investors and stakeholders may be watching closely to see how Fundviser Capital utilizes its raised funds and if the revenue growth translates into improved bottom-line performance in the coming quarters.

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.