Fruition Venture Limited Applies for Promoter Group Reclassification to Public Category

1 min read     Updated on 07 Mar 2026, 08:11 PM
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Riya DScanX News Team
Overview

Fruition Venture Limited has submitted an application to BSE Limited for reclassification of three promoter group entities - Mr Nitin Jain, Mr. Sanhit Jain, and M/S Nitin Jain HUF - from 'Promoter Group' to 'Public' category under Regulation 31A of SEBI LODR 2015. The application was filed on 07.03.2026 and authorized by Managing Director Nitin Aggarwal, representing a significant change in the company's shareholding structure.

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Fruition Venture Limited has submitted a formal application to BSE Limited seeking reclassification of three promoter group entities from the 'Promoter Group' to the 'Public' category under regulatory guidelines. The application was filed on 07.03.2026 in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Application Details

The company has filed the application pursuant to Regulation 31A(8)(c) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was addressed to BSE Limited's Listing Compliance Monitoring Cell at P.J. Towers, Dalal Street, Mumbai.

Parameter: Details
Filing Date: 07.03.2026
BSE Code: 538568
Regulation: 31A(8)(c) of SEBI LODR 2015
Application Type: Promoter Reclassification

Entities Seeking Reclassification

The application covers three specific promoter group entities seeking transition to public category status:

  • Mr Nitin Jain
  • Mr. Sanhit Jain
  • M/S Nitin Jain HUF

These entities are currently classified as part of the company's promoter group and are seeking reclassification to be categorized as public shareholders.

Corporate Authorization

The application and regulatory communication were authorized by Managing Director Nitin Aggarwal (DIN: 01616151), who digitally signed the submission on 07.03.2026 at 16:53:38 +05'30'. The formal intimation was submitted to ensure compliance with disclosure requirements under SEBI regulations.

Regulatory Process

The reclassification application represents a formal request to modify the company's shareholding structure. Such applications require regulatory approval and are subject to BSE's review process under the established guidelines for promoter group reclassification. The company has requested BSE to acknowledge receipt and take the application on record for further processing.

Historical Stock Returns for Fruition Venture

1 Day5 Days1 Month6 Months1 Year5 Years
-3.78%-1.09%+10.34%+1.88%-19.98%+190.70%

Fruition Venture Limited Announces Q3 FY26 Results and Promoter Reclassification

2 min read     Updated on 14 Feb 2026, 03:38 PM
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Reviewed by
Radhika SScanX News Team
Overview

Fruition Venture Limited reported Q3 FY26 financial results showing total income from operations of ₹162.74 lakhs, with polymers segment contributing ₹57.99 lakhs and other products ₹104.69 lakhs. The Board also approved reclassification of promoter group shareholders to public category, affecting Mr. Nitin Jain, Mr. Sanhit Jain, and M/s Nitin Jain HUF, subject to BSE approval.

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Fruition Venture Limited announced its unaudited financial results for the quarter ended December 31, 2025, following a Board of Directors meeting held on February 14, 2026. The meeting, which commenced at 10:00 AM and concluded at 3:00 PM, addressed several key corporate matters including quarterly results approval and promoter group reclassification.

Financial Performance Overview

The company's financial results for Q3 FY26 showed mixed performance across different segments. The total income from operations demonstrated growth compared to the preceding quarter.

Parameter Q3 FY26 (Dec 31, 2025) Q2 FY26 (Sep 30, 2025) Q3 FY25 (Dec 31, 2024)
Total Income from Operations ₹162.74 lakhs ₹101.00 lakhs ₹104.70 lakhs
Revenue from Operations ₹162.68 lakhs ₹100.94 lakhs ₹104.64 lakhs
Other Income ₹0.06 lakhs ₹0.06 lakhs ₹0.06 lakhs

Segment-wise Performance

The company operates across multiple business segments, with polymers and other products being the primary revenue contributors.

Revenue Breakdown by Segment

Segment Q3 FY26 Q2 FY26 Q3 FY25
Polymers ₹57.99 lakhs ₹33.10 lakhs -
Other Products ₹104.69 lakhs ₹67.84 lakhs -
Others-Unallocated ₹0.06 lakhs ₹0.06 lakhs ₹104.70 lakhs

Segmental Results Before Tax & Interest

Segment Q3 FY26 Q2 FY26 Q3 FY25
Polymers ₹2.07 lakhs ₹0.65 lakhs -
Other Products ₹28.11 lakhs ₹15.60 lakhs -
Others-Unallocated -₹8.16 lakhs ₹13.72 lakhs ₹5.74 lakhs
Total ₹22.02 lakhs ₹2.53 lakhs ₹5.74 lakhs

Corporate Actions and Governance

The Board meeting addressed several important corporate governance matters beyond the financial results approval:

  • Limited Review Report: The Board took on record the limited review report issued by M/s Sunil K Gupta & Associates, Chartered Accountants, which provided an unmodified opinion on the unaudited financial results

  • Promoter Reclassification: A significant corporate action involved the reclassification of shareholders from the 'Promoter Group' category to the 'Public' category. This reclassification affects Mr. Nitin Jain, Mr. Sanhit Jain, and M/s Nitin Jain HUF, subject to approval from BSE Limited

Asset and Liability Position

The company's segmental assets and liabilities as of December 31, 2025:

Segment Assets (₹ lakhs) Liabilities (₹ lakhs)
Polymers 175.32 19.10
Other Products 49.75 27.50
Others-Unallocated 336.54 117.03
Total 561.61 163.62

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The company confirmed that no investor complaints remained pending as of December 31, 2025, and no exceptional items were reported during the respective periods.

The unaudited financial results are accessible on the company's website at www.fruitionventure.com and will be published in newspapers in accordance with listing regulations. The company operates from its registered office at 1301, Padma Tower-1, Rajendra Place, New Delhi-110008.

Historical Stock Returns for Fruition Venture

1 Day5 Days1 Month6 Months1 Year5 Years
-3.78%-1.09%+10.34%+1.88%-19.98%+190.70%

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1 Year Returns:-19.98%