No deviation in use of preferential warrant funds for Q1 FY27
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fruition Venture filed its quarterly statement confirming no deviation in use of funds from the preferential issue of 25 lakh equity convertible warrants. Warrants were allotted on 12 Jan 2026 at 25 percent issue price, with Rs. 1.25 crore received. In Q1 FY27, 6 lakh shares were allotted on warrant conversion on 25 Jun 2026, bringing in Rs. 90 lakh. Total Rs. 1.75 crore has been utilized till 30 Jun 2026 for business growth, capex, working capital and general corporate purposes, in line with original objects.
Routine compliance filing confirming funds are used as promised; no governance red flags and limited direct stock impact.