Fruition Venture Ltd — Important, 14-08-2026: Company Update
14-08-2026 | 05:08 pm
14-08-2026 | 05:08 pm
Fruition Venture Limited reports no deviation in the utilization of funds raised through its preferential issue of 25 lakh equity convertible warrants for the quarter ended June 30, 2026. The company confirmed these funds were deployed as planned for business growth, capital expenditure, and general corporate purposes. Warrants were initially allotted on January 12, 2026, bringing in 1.25 Cr. By June 30, 2026, 6 lakh equity shares were allotted upon conversion, resulting in an additional 0.90 Cr received from investors paying the remaining amount. This ensures transparent deployment according to shareholder-approved objectives.
No comments yet. Be the first to comment!
