Fusion Finance Limited has received trading approval from both the National Stock Exchange of India Limited and BSE Limited for 5,66,562 equity shares that were converted from partly paid-up to fully paid-up status. The company announced this development through an official communication dated January 28, 2026, marking the successful completion of a corporate action that had initially faced technical challenges.

Share Conversion Details

The converted equity shares carry the following specifications:

Corporate Action Timeline

The share conversion process experienced initial setbacks when the depositories rejected the shares during the corporate action process. Fusion Finance had previously communicated about this matter through letters dated November 08, 2025, November 14, 2025, and January 05, 2026. The company has now confirmed that the corporate action has been successfully completed by the depositories.

Trading Availability

The converted shares are now available for trading on both major Indian stock exchanges:

• NSE: Trading under scrip code FUSION
• BSE: Trading under scrip codes 543652, 977381, and 977412

These shares rank pari passu with the existing equity shares of the company, meaning they carry identical rights and privileges as the current shareholding structure.

Company Information

Fusion Finance Limited, formerly known as Fusion Micro Finance Limited, operates under CIN L65100DL1994PLC061287. The company has made the relevant documentation available on its official website at www.fusionfin.com for stakeholder reference.

The trading approval represents the successful resolution of the earlier depositories' rejection and enables these converted shares to participate in regular market trading activities alongside the company's existing equity shares.

Fusion Finance Limited has successfully concluded its postal ballot process with both special resolutions receiving overwhelming shareholder support. The company submitted the scrutinizer's report and voting results to stock exchanges on January 09, 2026, marking the completion of the corporate governance exercise initiated in December 2025.

Postal Ballot Overview

The postal ballot process was conducted exclusively through remote e-voting, with the record date set as December 05, 2025. The company had 82,197 total shareholders eligible to participate in the voting process.

Resolution Results

Both special resolutions presented to shareholders achieved the requisite majority for approval. The voting demonstrated strong confidence from all shareholder categories.

Resolution 1: Amendment of Articles of Association

The first resolution to amend the company's Articles of Association received near-unanimous support across all shareholder categories.

Resolution 2: Appointment of Managing Director

The second resolution for appointing Mr. Sanjay Gargali (DIN: 11046442) as Managing Director also secured strong approval, though with slightly more dissenting votes from institutional investors.

Voting Participation and Process

The postal ballot achieved significant participation with 81,974,889 votes cast, representing 62.31% of the total outstanding shares. The company's paid-up share capital as of the record date was ₹131.55 crores, divided into fully paid-up and partly paid-up equity shares.

Compliance and Documentation

The postal ballot process was conducted in strict compliance with SEBI Listing Regulations and Companies Act provisions. CS Harish Kumar, appointed as scrutinizer on December 06, 2025, oversaw the entire process using MUFG Intime India Private Limited's "instavote" platform. The company published advertisements in Financial Express and Jansatta newspapers on December 09, 2025, informing shareholders about the voting process. All eligible shareholders received voting credentials via email, with no physical ballot forms distributed in accordance with MCA circulars.