Fusion Finance Issues Final Call Notice for Rights Issue: ₹65.50 Per Share Due

1 min read     Updated on 14 Nov 2025, 02:58 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Fusion Finance Limited has issued a first and final call notice for its rights issue shareholders. Holders of partly paid-up equity shares are required to pay ₹65.50 per share between November 27-December 11, 2025. The payment includes ₹5.00 towards face value and ₹60.50 towards premium. Failure to pay may result in interest charges, potential share forfeiture, and dividend deductions. Trading of partly paid-up shares is suspended from November 11, 2025, with fully paid-up share trading expected to resume 2-3 weeks after the closing date.

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*this image is generated using AI for illustrative purposes only.

Fusion Finance Limited, formerly known as Fusion Micro Finance Limited, has announced the first and final call notice for its rights issue shareholders. The company is requiring holders of partly paid-up equity shares to pay ₹65.50 per share between November 27, 2025, and December 11, 2025.

Key Details of the Call Notice

  • Payment Amount: ₹65.50 per partly paid-up equity share
  • Payment Period: November 27, 2025, to December 11, 2025 (15 days, both inclusive)
  • Composition: ₹5.00 towards face value and ₹60.50 towards premium
  • Record Date: November 11, 2025

Payment Methods

Shareholders can make payments through various modes:

  1. Online ASBA (Application Supported by Blocked Amount)
  2. Physical ASBA
  3. Online using 3-in-1 trading-demat-bank accounts (offered by some brokers)
  4. Cheque or Demand Draft deposits at designated Axis Bank Limited branches

Important Considerations for Shareholders

  1. Failure to Pay: Non-payment by the deadline will result in:

    • 10% annual interest charges on delayed payments
    • Potential forfeiture of shares and amounts already paid
    • Deduction from future dividends of outstanding call money and interest
  2. Trading Suspension: Trading of ₹5.00 partly paid-up equity shares (ISIN: IN9139R01028) has been suspended on stock exchanges from November 11, 2025.

  3. Resumption of Trading: Trading of fully paid-up equity shares (ISIN: INE139R01012) is expected to commence within 2-3 weeks after the closing date (December 11, 2025).

  4. Part Payments: The company will not accept partial payments. However, if a shareholder pays less than the total amount due, the company may convert a proportionate number of shares to fully paid-up status.

Corporate Action Timeline

Date Event
November 4, 2025 Board meeting decision on first and final call
November 11, 2025 Record date for determining eligible shareholders
November 27, 2025 Start of payment period
December 11, 2025 Last date for payment

Fusion Finance has emphasized that this is the final call related to the rights issue, and there will be no further calls. The company has made the call notice and related documents available on its website and that of its Registrar & Transfer Agent for easy access by shareholders.

Eligible shareholders are advised to carefully review the call notice and make timely payments to avoid any penalties or potential forfeiture of their shares.

Historical Stock Returns for Fusion Finance

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Fusion Finance Narrows Losses, Eyes Profitability in Q3

1 min read     Updated on 14 Nov 2025, 06:15 AM
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Reviewed by
Riya DeyScanX News Team
Overview

Fusion Finance, an NBFC-MFI, reported a significant reduction in net loss for Q2 (July-September), narrowing it to ₹22 crore from ₹92 crore in Q1. The company plans to call the second tranche of ₹400 crore from its ₹800 crore rights issue. It aims to increase monthly loan disbursals from the current ₹450 crore to ₹550-600 crore by January. CEO Sanjay Garwali expressed optimism about achieving profitability in Q3.

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*this image is generated using AI for illustrative purposes only.

Fusion Finance has reported a significant reduction in its net loss for the July-September quarter, signaling a potential turnaround for the Non-Banking Financial Company - Microfinance Institution (NBFC-MFI). The company's CEO, Sanjay Garwali, has expressed optimism about achieving profitability in the third quarter.

Financial Performance

Fusion Finance has shown marked improvement in its financial performance:

Quarter Net Loss
Q2 (Jul-Sep) ₹22.00 crore
Q1 (Apr-Jun) ₹92.00 crore

The company has successfully narrowed its net loss by ₹70.00 crore, representing a 76% reduction quarter-over-quarter.

Strategic Plans

To capitalize on this positive momentum, Fusion Finance has outlined several strategic initiatives:

  1. Rights Issue: The company plans to call the second tranche of ₹400.00 crore from its ₹800.00 crore rights issue.

  2. Loan Disbursals: Fusion Finance aims to increase its monthly loan disbursals:

    Timeline Monthly Loan Disbursal Target
    Current ₹450.00 crore
    From January ₹550.00-600.00 crore

This planned increase represents a potential growth of 22-33% in monthly loan disbursals.

Outlook

CEO Sanjay Garwali's target of achieving profitability in the third quarter, if realized, would mark a significant milestone for Fusion Finance. The company has been navigating through six consecutive quarters of losses, and a return to profitability could signal a robust recovery in its business model and operational efficiency.

The combination of reduced losses, plans for capital infusion through the rights issue, and projected increase in loan disbursals suggests that Fusion Finance is implementing a multi-pronged strategy to strengthen its financial position and drive growth.

As the microfinance sector continues to play a crucial role in financial inclusion, Fusion Finance's performance and strategies will be closely watched by industry observers and investors alike.

Historical Stock Returns for Fusion Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.29%-1.79%-10.94%-7.64%-0.66%-45.65%
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