Fruition Venture Limited has announced that it has received approval from BSE Limited for the reclassification of promoters to the public category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval was granted on April 20, 2026, marking a significant development in the company's shareholding structure.

Regulatory Approval Details

The company disclosed the approval through a formal communication to BSE Limited on April 22, 2026, pursuant to Regulation 31A(10) of the SEBI (LODR) Regulations, 2015. The reclassification has been processed in accordance with the regulatory framework governing promoter category changes.

Promoter Reclassification Breakdown

The approval covers the reclassification of three entities from promoter status to public category:

All three entities currently hold zero shares and maintain zero percentage shareholding in Fruition Venture Limited at the time of reclassification.

Regulatory Compliance

The reclassification has been executed in full compliance with Regulation 31A of the SEBI (LODR) Regulations, 2015. The approval ensures that the former promoters will henceforth be classified under the public category, representing a formal change in their status within the company's shareholding framework.

Corporate Communication

The disclosure was signed by Nitin Aggarwal, Managing Director of Fruition Venture Limited (DIN: 01616151), and submitted to BSE Limited's Listing Compliance Monitoring Cell. The company has requested BSE to take the reclassification information on record as part of its ongoing compliance obligations.

Fruition Venture Limited's promoter group has formally declared that all equity shares held by them in the company are free from any encumbrance, as required under Regulation 31(4) of SEBI (SAST) Regulations, 2011.

Promoter Holdings Declaration

The declaration submitted to the Board of Directors covers three members of the promoter group, detailing their shareholdings and confirming the absence of any encumbrance on their holdings.

Regulatory Compliance Confirmation

All three promoters, who share the same address at C-2101A, Sushant Lok-1, Gurgaon, Haryana, have confirmed that their holdings are completely free from any form of encumbrance. The declaration emphasizes the accuracy and completeness of the information provided.

The promoters have committed to promptly inform the company of any future changes in the encumbrance status of their shareholdings, ensuring ongoing compliance with regulatory requirements.

Declaration Details

Managing Director Nitin Aggarwal (DIN: 01616151) digitally signed the declaration on April 09, 2026, at 20:57:21 +05'30' from Delhi. The formal submission ensures that Fruition Venture Limited remains compliant with SEBI's disclosure norms regarding promoter shareholdings and any potential encumbrances.

This declaration provides transparency to stakeholders regarding the promoter group's shareholding structure and confirms that no external claims or charges exist on the promoter holdings in the company.