Key Quantitative Figures
The company has received approval for listing of 6,00,000 Equity Shares. Each share has a face value of ₹10 and was issued at a premium of ₹10 each. The distinctive numbers of the shares range from 4000001 to 4600000.
Dates of Action
The approval letter from BSE Limited is dated August 07, 2026 (as per the company secretary's signature). The disclosure to the exchange was made on August 10, 2026.
Parties Involved
- Issuer: Fruition Venture Limited
- Stock Exchange: BSE Limited
- Registrar & Transfer Agent (RTA): Mentioned as a party to be consulted for corporate actions
- Depositories: NSDL and CDSL
- Regulator: Securities and Exchange Board of India (SEBI)
- Recipients of Shares: Promoters and Non-Promoters
Next Steps and Requirements
The company will now proceed with:
1. Corporate actions with the Depositories in consultation with RTA
2. Filing Final Trading Applications with the Stock Exchange
Compliance Requirements
- The company must ensure compliance with Regulation 167 of SEBI (ICDR) Regulations
- If there is a change exceeding two percent of the total paid-up share capital, the company shall file the shareholding pattern in XBRL mode as required under Regulation 31(1)(c) of SEBI LODR Regulations, 2015
- Trading approval will be granted only after the company files:
- Listing approval from NSE (if applicable)
- Confirmation letters from NSDL/CDSL about crediting shares to beneficiary accounts
- Confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)
Timeline Requirement
The company must make an application for trading approval to the stock exchange(s) within seven working days from the date of grant of listing approval, as per SEBI circular dated June 21, 2023. Non-compliance will attract fines as specified in the circular.
Financial Impact
The issuance represents a capital infusion of ₹1.20 crore (6,00,000 shares × ₹10 face value) plus ₹6.00 crore in share premium (6,00,000 shares × ₹10 premium), totaling ₹7.20 crore in equity capital.