Fruition Venture Ltd

Fruition Venture Ltd has announced the book closure dates for its 32nd Annual General Meeting (AGM), scheduled for September 22, 2026. The book closure period will be from September 16, 2026, to September 22, 2026, inclusive. This closure is to finalize the register of members and share transfer books for the AGM, which will be held via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The AGM will discuss company matters for the fiscal year ending March 31, 2026.

Fruition Venture Ltd has filed its Annual Report along with the Notice of the 32nd Annual General Meeting (AGM). The report covers the financial year ended March 31, 2026, and the AGM is scheduled for Tuesday, September 22, 2026. This filing is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report includes sections on corporate information, managing director's message, company overview, notice and explanatory statement, director's report, management discussion and analysis, auditor's report, and financial statements (Balance Sheet, Profit & Loss, Cash Flow, and Notes). Key personnel changes and committee compositions are also detailed.

Fruition Venture Ltd's Board of Directors has approved the appointment of M/s. B K Pradhan & Associates, Practicing Company Secretaries, as the Secretarial Auditor. This appointment is for a term of five consecutive years, commencing from FY 2026-27 to FY 2030-2031, based on the recommendation of the Audit Committee. The appointment is subject to the approval of the company's members at the upcoming 32nd Annual General Meeting. The firm, based in Mumbai, has extensive experience in company law and secretarial services.

Fruition Venture Ltd has announced the resignation of its Secretarial Auditor, Ms. Jinu Jain, effective August 27, 2026. The resignation is attributed to ongoing professional commitments. The company stated that there are no concerns raised by the auditor regarding the management and no other material reasons for the resignation beyond those stated. Ms. Jain was appointed for the Financial Year 2026-27. The company will make necessary arrangements for a new Secretarial Auditor.

Fruition Venture Ltd's Board of Directors met on August 28, 2026, approving the Annual Report for the financial year ended March 31, 2026. The board also recommended the re-appointment of Mr. Nitin Aggarwal as Director and appointed M/s. B. K. Pradhan & Associates as the new Secretarial Auditor for a five-year term starting FY27. The 32nd Annual General Meeting is scheduled for September 22, 2026, with the register of members and share transfer books closed from September 16 to September 22. Members will have the option for remote e-voting from September 19 to September 21, 2026.

Fruition Venture Ltd has received trading approval from BSE Limited for 600,000 equity shares. These shares, with distinctive numbers 4000001 to 4600000, were issued at a premium of ₹10 each, totaling ₹10 per share. The issuance was on a preferential basis to promoters and non-promoters, stemming from the conversion of warrants. The approval is effective from August 19, 2026, as per BSE's letter dated August 18, 2026. This development is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Fruition Venture Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the unaudited standalone financial results for the quarter ended June 30, 2026. The company also approved the incorporation of a wholly-owned subsidiary focused on IT hardware, software, cloud technology, data centers, and digital infrastructure. The board meeting commenced at 1:30 p.m. and concluded at 4:30 p.m. The company also confirmed no deviation in the utilization of proceeds from a preferential issue of warrants.

Fruition Venture Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results, which were reviewed by the statutory auditors. The company also approved the incorporation of a wholly-owned subsidiary focused on IT hardware, software, cloud technology, data centers, and digital infrastructure. There were no deviations reported in the utilization of proceeds from a preferential issue of warrants.

Fruition Venture Ltd has filed a statement confirming no deviation or variation in the utilization of funds raised through a Preferential Issue of warrants for the quarter ended June 30, 2026. The funds were raised via the issuance of 25,00,000 warrants (Equity Convertible Warrants) to promoters and non-promoters, with an allotment date of January 12, 2026. During the quarter, 6,00,000 equity shares were allotted upon conversion of these warrants. The company stated that the utilization aligns with the objects approved by shareholders, which include meeting funding requirements, business growth, capital expenditure, expansion plans, diversification, working capital, and general corporate purposes. The total amount raised was ₹1,25,00,000 for warrants and an additional ₹90,00,000 from equity share conversion.

Fruition Venture Ltd has received listing approval from BSE Limited for 6,00,000 equity shares. These shares were issued to promoters and non-promoters on a preferential basis following the conversion of warrants. The company will now proceed with corporate actions involving depositories and RTA, followed by final trading applications with the stock exchange. This move is in compliance with SEBI regulations, and the company must ensure adherence to further requirements, including potential XBRL filings for shareholding patterns and obtaining trading approval within seven working days.