The company has received approval of Promoter Reclassification Application on 20th April, 2026.
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Fruition Venture Ltd has received BSE approval on April 20, 2026 for reclassifying three promoters (Nitin Jain, Nitin Jain HUF, and Sanhit Jain) from the Promoter category to the Public category. The filing is under SEBI LODR Regulation 31A(10). Notably, all three outgoing promoters held 0 shares (0% shareholding) at the time of reclassification, meaning they had already divested their equity stake in the company.
Since the outgoing promoters held no shares, this reclassification has no direct impact on the company's equity structure or shareholding pattern. It is primarily a compliance update to reflect that these persons no longer hold promoter status in company records.