Fusion Finance files BRSR for FY26 with 5,896 customer grievances

2 min read     Updated on 01 Jul 2026, 06:46 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Fusion Finance filed its Business Responsibility and Sustainability Report (BRSR) for FY26, disclosing 5,896 customer grievances and a turnover of ₹1,732.50 crore. The company maintained 1,563 offices across 22 states and employed 12,021 permanent staff. Energy consumption rose to 16,974.37 Joules due to expanded branch coverage.

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Fusion Finance filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, disclosing a total of 5,896 customer grievances for the period. The company, which operates as a non-banking financial company (NBFC), reported a turnover of ₹1,732.50 crore and a net worth of ₹2,455.93 crore for the reporting year.

Operational and Financial Metrics

The report provides a detailed overview of the company's operations and workforce. Fusion Finance maintained a total of 1,563 offices across 22 states in India, with no international operations. The company's paid-up capital stood at INR 161.52 Crore. The reporting was conducted on a standalone basis, and the company confirmed it does not have any holding, subsidiary, associate, or joint venture companies.

Workforce Statistics

As of the end of FY 2025-26, Fusion Finance employed 12,021 permanent staff, comprising 11,050 male employees (92%) and 971 female employees (8%). There were no workers or differently abled employees reported. The company spent 2.88% of its total revenue on employee well-being measures, an increase from 2.03% in the previous year. The attrition rate for permanent employees was 38.79%, with male attrition at 34.86% and female attrition at 3.93%.

Grievance Redressal

The company detailed its grievance redressal mechanisms across various stakeholder groups. A total of 5,896 complaints were filed by customers during FY 2025-26, with 669 pending resolution at the end of the year. In the previous year, 4,604 complaints were filed with 651 pending. Shareholders filed 23 complaints, all of which were resolved within the prescribed timeline, compared to 8 complaints in the prior year. Employees and workers reported 421 grievances, with one pending resolution.

Environmental and Social Disclosures

Fusion Finance reported total energy consumption of 16,974.37 Joules for FY 2025-26, a significant increase from 1,544.50 Joules in the previous year, attributed to expanded coverage including branch locations. The company generated 4.33 metric tonnes of e-waste, all of which was recycled. Total greenhouse gas emissions (Scope 1 and Scope 2) were 3,326.93 metric tonnes of CO2 equivalent. The company confirmed compliance with all applicable environmental laws and regulations in India.

Key Financial and Operational Figures

Metric FY 2025-26 FY 2024-25
Turnover (₹) 1,732.50 Crore N/A
Net Worth (₹) 2,455.93 Crore N/A
Total Employees 12,021 15,274
Customer Grievances Filed 5,896 4,604
Customer Grievances Pending 669 651
E-waste Generated (MT) 4.33 0.99
Total Energy Consumed (J) 16,974.37 1,544.50

The BRSR was signed by Vikrant Sadana, Company Secretary & Compliance Officer, on June 30, 2026.

Historical Stock Returns for Fusion Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+6.10%+19.00%+31.36%+41.65%+18.28%-27.06%

How will Fusion Finance address the high attrition rate of 38.79% to ensure operational stability?

What measures will be implemented to reduce the growing backlog of pending customer grievances?

Will the significant increase in energy consumption impact the company's long-term sustainability goals?

Fusion Finance reports no new share encumbrances in FY26

1 min read     Updated on 20 Jun 2026, 08:02 AM
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Reviewed by
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AI Summary

Fusion Finance Limited submitted annual disclosures for FY26, confirming no new share encumbrances by promoters. The filings, signed by Company Secretary Vikrant Sadana, included declarations from key promoter entities. Additionally, the company applied for reclassification of certain shareholders on March 2, 2026.

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Fusion Finance Limited disclosed its annual shareholding pattern for the financial year ended March 31, 2026, confirming that promoters did not create any new encumbrances on shares during the period. The disclosure was submitted to the National Stock Exchange of India Limited (NSE) and BSE Limited in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The company received declarations from its promoters, including Devesh Sachdev, Mini Sachdev, Creation Investments Fusion, LLC, Creation Investments Fusion II, LLC, and Honey Rose Investment Ltd. Each entity confirmed that no shares were encumbered directly or indirectly, other than those already disclosed.

Promoter Encumbrance Status
Devesh Sachdev No new encumbrances
Mini Sachdev No new encumbrances
Creation Investments Fusion, LLC No new encumbrances
Creation Investments Fusion II, LLC No new encumbrances
Honey Rose Investment Ltd No new encumbrances

Devesh Sachdev and Mini Sachdev noted in their declarations that they, along with related persons, have submitted an application to the company seeking reclassification. Consequently, the company applied for this reclassification to the NSE and BSE on March 2, 2026.

Vikrant Sadana, Company Secretary & Compliance Officer, signed the submission to the exchanges on April 7, 2026. The filings confirm that the shareholding structure remains stable with no additional pledging or encumbrance of promoter shares during FY26.

Historical Stock Returns for Fusion Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+6.10%+19.00%+31.36%+41.65%+18.28%-27.06%

What is the expected timeline for NSE and BSE to approve the reclassification application submitted by the promoters?

How will the reclassification of Devesh Sachdev and Mini Sachdev alter the shareholding structure and promoter voting rights?

Does the lack of new encumbrances indicate a shift in strategy toward deleveraging or preparing for new capital infusion?

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