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Fruition Venture LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Fruition Venture's promoter group member, Krishan Kumar Aggarwal, reported a decrease in his shareholding percentage. His stake in the company now stands at 33.99%, down by 2.60% from his previous holding. This change follows the conversion of 6 lakh warrants into new equity shares, which were allotted to both promoters and non-promoters. The company's total equity share capital has increased from 4 Crore to 4.6 Crore. Although Mr. Aggarwal received 1 lakh shares from his warrant conversion, the overall increase in the company's share base led to the proportionate decrease in his percentage ownership.

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