StockWatch
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Trading & Distributors
Shareholding29 Jun 2026, 11:59 am

Krishan Kumar Aggarwal's Fruition Venture Holding Drops Post Warrant Conversion

AI Summary

Krishan Kumar Aggarwal, a promoter of Fruition Venture Limited, has reported a decrease in his shareholding percentage to 33.99% following the conversion of 6,00,000 warrants into equity shares on June 25, 2026. This conversion, which also involved allotments to non-promoters, resulted in a 2.60% reduction in Aggarwal's stake. The total equity share capital of the company increased from ₹4,00,00,000 to ₹4,60,00,000, with the diluted share capital post-conversion reaching ₹6,50,00,000.

Key Highlights

  • Promoter Krishan Kumar Aggarwal's stake reduced by 2.60% to 33.99%.
  • Conversion of 6,00,000 warrants into equity shares triggered the change.
  • Total equity share capital increased post-warrant conversion.
  • Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.