Fundviser Capital (India) Limited has issued a correction to its earlier intimation regarding the acquisition of 100% stake in Silver Sage Trading LLC, a UAE-based trading company. The company has revised the acquisition value from ₹1.25 crore to ₹2.50 crore and provided clarification on the target company's business operations.

Corrected Acquisition Details

The correction was submitted on February 19, 2026, addressing two significant changes to the original intimation filed on February 18, 2026. The revised acquisition value includes the takeover of current stocks, bringing the total investment to ₹2.50 crore.

Business Operations Clarification

According to the Commercial Register issued by Government of Dubai under Main License No. 200697 and Article No. 4, Silver Sage Trading LLC operates in general trading activities. The company's scope includes commodities, metals scrap, and electronics trading amongst other permitted activities, providing a broader operational base than initially reported.

Investment Value Revision

The most significant correction pertains to the investment amount. The company acknowledged that the original figure of ₹1.25 crore was incorrectly reported, with the actual investment including stock takeover valued at ₹2.50 crore. This represents a 100% increase from the initially disclosed amount.

Regulatory Compliance and Filing

The correction was filed under Regulation 30 of SEBI (LODR) Regulations, 2015, maintaining transparency with shareholders and regulatory authorities. The filing was signed by Prem Krishan Jain, Chairman and Managing Director, ensuring proper governance procedures for the material correction.

Upon completion, Silver Sage Trading LLC will become a wholly owned foreign subsidiary of Fundviser Capital pursuant to Section 2(87) of the Companies Act, 2013, representing the company's strategic expansion into UAE markets through direct subsidiary operations.

Fundviser Capital (India) Limited has published its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, in newspaper advertisements as required under SEBI regulations. The company filed the newspaper publication compliance with BSE Limited on February 7, 2026.

Regulatory Compliance and Publication

Pursuant to Regulations 30, 42, 47 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published advertisements in two newspapers on February 7, 2026. The publications appeared in "Active Times" (English daily) and "Mumbai Lakshdeep" (Marathi daily), ensuring compliance with language requirements for stakeholder information.

Q3 FY26 Standalone Financial Performance

The company's standalone operations demonstrated robust growth during the quarter ended December 31, 2025. Total income from operations reached Rs. 363.89 lakhs, representing a substantial increase from Rs. 31.60 lakhs in the corresponding quarter of the previous year.

Consolidated Financial Results

The consolidated financial results showcased even stronger performance, with total income from operations reaching Rs. 5,133.46 lakhs for Q3 FY26 compared to Rs. 660.51 lakhs in the corresponding previous quarter. This significant growth reflects the company's expanded business operations across its subsidiary network.

Previous Quarter Developments

Earlier, the company had submitted its quarterly statement confirming no deviations in the utilization of funds raised through convertible warrants for Q3 FY26. The company had allotted 64,85,000 convertible warrants of Rs. 10.00 each at a premium of Rs. 112.50 per warrant, with total proceeds of Rs. 79,44,12,500.00.

Corporate Governance

The financial results and newspaper publication were authorized by Prem Krishan Jain, Chairman & Managing Director (DIN: 09304822). The complete financial results are available on the BSE website and the company's official website for detailed review by stakeholders and investors.