BSECompany Update6d ago · 14 Aug 2026, 05:08 pm

Statement of Deviation or Variation in utilization of funds for the quarter ended June 30, 2026

Fruition Venture Ltd · 538568

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Fruition Venture Ltd has submitted a statement to BSE regarding deviation or variation in the utilization of funds raised through a preferential issue of equity convertible warrants to promoters and non-promoters. The company has utilized 25% of the funds received from the issue, which was approved by shareholders in September 2025, for the original object of raising further capital to meet funding requirements and business growth. The remaining 75% of the funds has been utilized for the same purpose, with 6,00,000 equity shares being allotted to promoters and non-promoters on June 30, 2026.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Fruition Venture Ltd - 538568 - Statement Of Deviation Or Variation In Utilization Of Funds

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FRUITION VENTURE LIMITED :'\,,,. www.fruitionventure.com CI N : L 7 4899 D Ll 994P LC058824 info@fruitionventure.com August 14, 2026 BSE Limited PhirozeJeejeebhoy Towers, Rotunda Bldg, Dalal Street, Fort, Mumbai-400 001 Ph: 022 2272 1233/34 Fax: 022 2272 3719 Script ID: FRUTION Script Code : 538568 ISIN:INE836C01015 Subject: Statement of Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32 of The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Master circular no. HO/49/14/14(7)2025- CFDPOD2/l/3762/2026 dated January 30, 2026, this is to inform you that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of Preferential Issue of the Company during the quarter ended on June 30, 2026, as mentioned in the objects of the Preferential Issue of warrants (Equity Convertible Warrants) approved by the shareholders in the Annual General Meeting held on 28th Sept 2025. Please take the above information on record For Fruition Venture Limited ..-.---..,_ tB~,.IJ.,?,;-'i: :::j (Nitin Aggarwal) ~dt,;t .. Managing Director DIN-01616151 Date 14.08.2026 @ REGD. OFflCIE FACTORY c@ @ 1301, Pad ma Tower-1, Rajendra Place, 511, Phase-IV, Industrial Estate, Sector-57, New Delhi-110008 Kundli, Sonipat, Haryana-131028 011 2571 0171 ~ 0130 4615 832 FRUITION VENTURE LIMITED t:.~.-;"J- www.fruitionventure.com CIN: L74899DL7994PLC058824 info@fruitionventure.com STATEMENT ON DEVIATIONNARIATION IN UTILIZATION OF FUNDS RAISED Name of Listed Entity Fruition Venture Limited Mode of Fund Raising Preferential Issue of 25,00,000 warrants(Equity Convertible Warrants) to Promoters and Promoters Group and Non promoters approved by shareholders through resolution passed in AGM held on 28.09.2025 and SEBI Guidelines for Preferential Issue, amongst which 25,00,000 warrants (Equity Convertible Warrants) have been allotted to Promoters and Promoters Group and Non promoters on 12.01.2026 on receipt of 25% of Issue Price. Company allotted 6,00,000 Equity Shares pursuant to conversion of warrants so allotted till 30th June 2026 on receipt of remaining 75% of issue price. Date of Raising Funds Date of Allotment of Warrants(Equity Convertible Warrants) : 12.01.2026 Date of Allotment of Equity Shares (Pursuant to conversion of warrants: 25.06.2026 Amount Raised Total 25,00,000 Warrants (Equity Convertible Warrants) have been allotted during the quarter ended on 31st March 2026 and amount received - Rs. 1,25,00,000/- Allotted 6,00,000 Equity Shares pursuant to conversion of warrants so allotted during the quarter ended 30th June 2026 an amount Received Rs. 90,00,000/- Report filed for Quarter ended June 2026 Monitorinq Aqencv NA Monitoring Agency Name, if applicable NA Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms NA of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval NA Explanation for the Deviation / Variation NA Comments of the Audit Committee after review NA Comments of the auditors, if any NA f) RIEGD. OfflCIE FACTORY 1301, Padma Tower-1, Rajendra Place, 511, Phase-IV, Industrial Estate, Sector-57, New Delhi-110008 Kundli, Sonipat, Haryana-131028 011 2571 0171 0130 4615 832 FRUITION VENTURE LIMITED www.fruitionventure.com CIN: L74899DL1994PLC058824 info@fruitionventure.com ···--- . - .. --- Objects for which funds have been raised and where there has been a deviation, in the followinQ table Original Object Modified Original Modified Funds Amount Remarks Object, if Allocation allocation, if Utilised of if any any any Deviation Nariation for the quarter according applicabl e object To raise further capital in Not Rs. Not Applicable Rs. NIL Not order to meet the funding Applicable 1,25,00,000 1,25,00,000 Applicable and business (25% Utilized till requirements of the towards 30th June company including in Warrants) 2026 relation to and for funding the business growth, capital expenditure, Rs. Rs. expansion plans and 3,75,00,000 50,00,000 diversification of business (75% Utilized till model, working capital towards 30th June requirements and other Equity 2026 general corporate Shares) purposes. Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc. For Fruition Venture Limited DIN-0161615'1 Date 14.08.2026 @ REGD. OFFICE (D FACTORY 1301, Padma Tower-1, Rajendra Place, 511, Phase-IV, Industrial Estate, Sector-.57, New Delhi-110008 Kundli, Sonipat, Haryana-131028 011 2571 0171 0130 4615 832