Fusion Finance reports no new share encumbrances in FY26
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.
*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.71% | +1.84% | -4.52% | +10.88% | -5.70% | -43.41% |
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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