BSEInsider Trading / SAST12 Aug 2026 · 12 Aug 2026, 10:39 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shankar Varadharajan & PACs
Fischer Medical Ventures Ltd · 524743
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Fischer Medical Ventures Ltd has received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, from Shankar Varadharajan & PACs, indicating a significant acquisition of shares in the company.
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Fischer Medical Ventures Ltd - 524743 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Date: 11-08-2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street, G Block, Bandra-Kurla Complex,
Mumbai - 400001. Bandra (East), Mumbai - 400051.
The Company Secretary
Fischer Medical Ventures Limited
Prestige Palladuim Bayan, Level 8,
No.129-140, Greams Road,Chennai- 600006.
Dear Sir / Madam,
Subject: Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011.
Please find attached the Disclosures which are require to be made under Regulation 29(2) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011.
You are requested to take note of the same on records.
Thanking You
For and behalf of all Acquirer’s
Mr. Shankar Varadharajan
Place: Chennai
Enclosure: Disclosures under Regulation 29(2) of SEBI SAST Regulations, 2011
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Part-A- Details of the Acquisition
Name of the Target Company (TC) Fischer Medical Ventures Limited
Name(s) of the acquirer and Persons Acting in Mr. Shankar Varadharajan (Acquirer)
Concert (PAC) with the acquirer
FMV Holdings Pte Ltd (PAC)
Mr. Ravindran Govindan (PAC)
Whether the acquirer belongs to Promoter / Yes
Promoter group
Name(s) of the Stock Exchange(s) where the BSE Limited and National Stock Exchange of India
shares of TC are Listed
Details of the acquisition as follows Number % w.r.t. total % w.r.t. total
share/voting diluted
capital wherever share/voting
applicable (*) capital of the
TC (**)
Before the acquisition under consideration, holding of acquirer along with PACs of: Fischer Medical
Ventures Ltd
Details of the acquisition / disposal as follows Number % w.r.t.total % w.r.t. total
share/voting diluted
capital share/voting
wherever capital of the
applicable TC
a) Shares carrying voting rights
Mr. Shankar Varadharajan 7,50,01,530 11.46 10.73
FMV Holdings Pte Ltd 33,17,61,120 50.69 47.48
Mr. Ravindran Govindan 0 0 0
b) Shares in the nature of encumbrance (pledge/ 0 0 0
lien/ non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by equity 0 0 0
shares
d) Warrants / convertible securities /any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category)
Mr. Shankar Varadharajan 1,10,00,000 0 1.57
FMV Holdings Pte Ltd 2,30,00,000 0 3.29
Mr. Ravindran Govindan 0 0 0
e) Total (a+b+c+d) 44,07,62,650 62.15 63.08
Details of acquisition of: Fischer Medical Ventures Ltd
a) Shares carrying voting rights
Mr. Shankar Varadharajan 23,00,000 0.35 0.33
FMV Holdings Pte Ltd 0 0 0
Mr. Ravindran Govindan 0 0 0
b) VRs acquired otherwise than by equity shares 0 0 0
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) acquired
Mr. Shankar Varadharajan
FMV Holdings Pte Ltd 0 0 0
Mr. Ravindran Govindan 0 0 0
0 0 0
d)Shares in the nature of encumbrance (pledge/ 0 0 0
lien/ non-disposal undertaking/ others)
e)Total (a+b+c+/-d) 23,00,000 0.35 0.33
After the acquisition, holding of acquirer along with PACs of: Fischer Medical Ventures Ltd
Details of the acquisition / disposal as follows Number % w.r.t.total % w.r.t. total
share/voting diluted
capital share/voting
wherever capital of the
applicable TC
a)Shares carrying voting rights
Mr. Shankar Varadharajan 7,73,01,530 11.81 11.06
FMV Holdings Pte Ltd 33,17,61,120 50.69 47.48
Mr. Ravindran Govindan 0 0 0
b)VRs acquired otherwise than by equity shares 0 0 0
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) acquired.
Mr. Shankar Varadharajan 87,00,000 0 1.25
FMV Holdings Pte Ltd 2,30,00,000 0 3.29
Mr. Ravindran Govindan 0 0 0
d)Shares in the nature of encumbrance (pledge/ 0 0 0
lien/ non-disposal undertaking/ others)
e)Total (a+b+c+/-d) 44,07,62,650 62.50 63.08
Mode of acquisition (e.g. open market / public Preferential Allotment upon Conversion of warrants
issue / rights issue / preferential allotment /
inter-se transfer/encumbrance, etc.)
Date of acquisition of/ date of receipt of Allotment Date: 11st August 2026
intimation of allotment of shares / VR/
warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares in the TC.
Equity shares capital / total voting capital of the Rs. 65,45,15,470/- divided in to 65,45,15,470 Equity
TC before the said acquisition Shares of Re. 1 each.
Equity shares capital/ total voting capital of the Rs. 65,68,15,470/- divided in to 65,68,15,470 Equity
TC after the said acquisition Shares of Re. 1 each.
Total diluted share/voting capital of the TC after Rs. 69,86,85,470/- divided in to 69,86,85,470 Equity
the said acquisition Shares of Re. 1 each.
Note:
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock
Exchange under Regulation 31 of the LODR 2015.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of
the outstanding convertible securities/warrants into equity shares of the TC.
Thanking You
For and behalf of all Acquirer’s
Mr. Shankar Varadharajan
Place: Chennai