Announced Mon, 10 Aug · 16:03 IST
BSE approves listing of 6 lakh shares from warrant conversion
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹46.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.0—+3.2+0.5+0.5—-25.0-31.1——
Up moveDown movePending
AI summary
Fruition Venture received BSE listing approval for 6,00,000 equity shares of Rs 10 each at Rs 10 premium, issued to promoters and non-promoters on preferential basis via conversion of warrants. Distinctive numbers 4000001 to 4600000. Trading approval is still pending credit confirmation from NSDL/CDSL and NSE approval if applicable. The company must also comply with SEBI ICDR Regulation 167 regarding lock-in requirements.
Likely market impact
Share count rises by 6 lakh shares through warrant conversion, causing dilution for existing shareholders. Final trading approval is still pending.