BSECompany Update11 Aug 2026 · 11 Aug 2026, 07:11 pm
Statement of Deviation for the Quarter ended June 30, 2026 as attached herewith.
Fundviser Capital (India) Ltd · 530197
✦ AI SummaryResults
Fundviser Capital (India) Ltd submitted a statement of deviation for the quarter ended June 30, 2026, stating that there is no deviation/variation in the use of funds raised through a preferential issue of convertible warrants, except for the deviation declared and filed in the quarter and year ended on March 31, 2026. The company has utilized the amount as detailed in the attached statement.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Fundviser Capital (India) Ltd - 530197 - Statement Of Deviation For The Quarter Ended June 30, 2026
Attachments (1)
📄pdf
Download →
870119f1-cf55-4265-b5f0-48faca404675.pdf
View document text
BSE Limited
The Corporate Relationship Department
P.J. Towers, 1st Floor,
Dalal Street, Mumbai – 400 001
FVCIL/SEC/BSE/9821/2025-2026 By Online Submission
11th August, 2026 Scrip code:530197
Sub: Submission of Statement of deviation(s) or variation(s) pursuant to Regulation 32 of SEBI
(LODR) Regulations, 2015 for the Quarter ended 30th June, 2026
Scrip Code: 530197 Scrip ID: FUNDVISER
Dear Sir,
Please refer to our earlier Letter No. FVCIL/SEC/BSE/9794/2025-2026 dated 23/03/2026 informing you
that the Company has allotted 19,85,000 Equity Shares of Rs. 10/- each on conversion of 19,85,000
Convertible Warrants of Rs. 10/- each at a Premium of Rs. 112.50 per Warrant amounting to Rs.
18,23,71,875/- (Rupees Eighteen Crores Twenty Three Lakhs Seventy One Thousand Eight Hundred
Seventy Five Only). The said allotment was made on receipt of balance 75% balance amount against
19,85,000 Convertible Warrants issued to one Promoter/ Promoter Group Warrant holder and seven Non
Promoter Warrant Holders on Preferential Allotment basis. Out of the 64,85,000 Convertible Warrants
issued by the Company, after conversion of 19,85,000 Convertible Warrants into Equity Shares the
present balance of outstanding Convertible Warrants as on date 45,00,000 Convertible Warrants.
As such during the quarter ended 30th June, 2026 the Company had an amount of Rs. 10,96,75,000/-
(Rupees Ten Crores Ninety Six Lakhs Seventy Five Thousand only) for utilization out of which the
Company has utilized the amount as detailed in the statement given herewith.
We wish to confirm that there are no deviation(s) or variation(s) in the use of proceeds of the said Issue of
Convertible Warrants, pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 for the quarter ended on June 30, 2026 except the deviation of issue
proceeds declared in the March 2026 results.
STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE, RIGHTS ISSUE,
PREFERENTIAL ISSUE, QUALIFIED INSTITUTIONS PLACEMENT ETC
Statement on deviation / variation in utilization of funds raised through Preferential issue of Convertible Warrants
Name of listed entity Fundviser Capital India Limited
Mode of Fund Raising Public Issues / Allotment of 19,85,000 Equity Shares on conversion of 19,85,0000
Rights Warrants of Rs. 10/- each at a premium of Rs. 112.50 each.
Issues / Preferential
Issues / QIP /
Others
Date of Raising Funds 23/03/2026 - Date of above mentioned conversion.
Amount Raised Rs. Nil raised during the Quarter ended 30/06/2026. The balance at the start of the quarter
under review out of the funds raised in the earlier quarter was Rs. 10,96,75,000/- (Rupees
Ten Crores ninety Six Lakhs Seventy Five Thousand only)
Report filed for Quarter 30th June, 2026
ended
Monitoring Agency applicable / not Not Applicable
applicable
Monitoring Agency Name, Not Applicable
if applicable
Is there a Deviation / Yes / No No. There is no deviation/variation in use of funds raised during
Variation in use of funds the quarter ended 30/06/2026 except the deviation declared and
raised filed in the quarter and year ended on 31/03/2026.
If yes, whether Not Applicable
the same is
pursuant to
change in terms
of a contract or
objects, which
was approved by
the shareholders
If Yes, Date of Not Applicable.
shareholder
Approval
Explanation for Not Applicable
the Deviation /
Variation
Comments of The Audit Committee has reviewed the said statement in its meeting held on 11th August, 2026 and
the Audit has not offered any comments on the same.
Committee after
review
Comments of Nil
the auditors, if
Objects for The issue of 64,85,000 Convertible Warrants was made with the object of making Investments,
which funds meeting the long term funding requirements of the Company, working capital, general corporate
have been purposes, etc. in order to support the future growth plan of the Company.
raised and
where there
has been a
deviation, in
following table
Original Object Modified Original Modified Funds Amount of Remarks if
Object, if Allocation as per allocation, Utilized till Deviation/ any
any shareholders if any 30/06/2026 Variation
approval and In for the quarter
Principle according to
Approval of BSE applicable object
Investment in Not 45,00,00,000/- No 12,80,50,000/- Nil -
Subsidiary: Applicable modification
DARS
Transtrade
Private
Limited
Investment in Not 12,50,00,000/- No 8,90,00,000/- Nil -
Subsidiary: Applicable modification
New India Re
& Infra LLP
Investment in Not 12,50,00,000/- No 2,77,09,705/- Nil -
Subsidiary: Applicable modification
Starlight Box
Theatres
Private
Limited
For making Not 9,44,00,000/- No 10,30,95,000 /- Nil -
Investments, Applicable modification
meeting the
long-term
funding
requirements
of the
Company,
working
capital,
general
corporate
purposes, etc.
in order to
support the
future growth
plan of the
Company.
Total Not 79,44,00,000/- - 34,78,54,705 /- Nil Balance Rs.
Applicable 3,31,20,295/-
Deviation or variation could mean:
(a) Deviation in the objects or purposes for which the funds have been raised or
(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or
(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc.
The aforesaid statement of deviation or variation of funds raised is duly reviewed by the Audit Committee
of the Company at its meeting held today, i.e. 11/08/2026.
You are requested to take the same on your record and put it on your electronic media for the information
of the Members.
Thanking You,
Yours faithfully,
For Fundviser Capital (India) Limited
Prem Krishan Jain
Chairman & Managing Director
DIN: 09304822