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Notes to Accounts of Fruition Venture Ltd.

Mar 31, 2015

1 Corporate information

Company was originally incorporated on 5th May 1994 under registrar of companies, National Capital Territory of Delhi and Haryana as ORCAP SECURITIES LIMITED, subsequently on 1st May 2002 the name of company changed as INDO WEBSEC LIMITED, further on 27th Sep 2012 the name of said company was changed as FRUITION VENTURE LIMITED.

Company have its registered office at 21-A, 3rd Floor Savitri Bhawan, Commercial Complex, Mukharji Nagar, New Delhi, India -110009. Company are engaged in the business of shares stock, securities, finance broker and trading of computer, computer parts and all kind of fabrics.

Company has been enlisted on Bombay Stock Exchange with effect from 30.07.2014

The company has discontinued the business of trading of computer, computer parts and all kind of fabrics from the Financial Year 2014-15.


Mar 31, 2014

1. Corporate information

Company was originally incorporated on 5th May 1994 under registrar of companies, National Capital Territory of Delhi and Haryana as ORCAP SECURITIES LIMITED, subsequently on 1st May 2002 the name of company changed as INDO WEBSEC LIMITED, further on 27th Sep 2012 the name of said company was changed as FRUITION VENTURE LIMITED.

Company have its registered office at 21-A, 3rd Floor Savitri Bhawan, Commercial Complex, Mukharji Nagar, New Delhi, India -110009. Company are engaged in the business of shares stock, securities, finance broker and trading of computer, computer parts and all kind of fabrics.

2. Note:- The Company has only one class of equity shares having a par value of Rs. 10 each, Each shareholder of equity shares is entitled to one vote per share. In the event of liquidation of the company, the holders of equity shares will be entitled to receive the remaining assets of the company, after distribution of all prefrential amounts. The distribution will be in the proportion to the number of equity shares held by the shareholders.

During the Financial Year 2013-14, the company has made allotment of 8,50,000 Equity Shares of Rs. 10 each on prefrential allotment basis at par i.e the company has alloted 3,50,000 equity shares to Progressive Finlease Limited (Non Promoter) and 5,00,000 equity shares to Mansukh Securities & Finance Limited (Non Promoter).

 
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