Fruition Venture Ltd — Important, 29-08-2025: Company Update
29-08-2025 | 04:58 pm
29-08-2025 | 04:58 pm
The company's board has approved a preferential issue of up to 25 lakh warrants at Rs. 20 each, raising Rs. 5 crore. These warrants are convertible into equity shares within 18 months. This capital raise, subject to shareholder approval, will broaden the company's financial base. Additionally, the board seeks shareholder nod for increasing limits on loans, investments, and related party transactions. They also proposed Mr. Krishan Kumar Aggarwal for re-appointment as a Director. The 31st Annual General Meeting will convene virtually.
No comments yet. Be the first to comment!
