Fusion Finance certifies timely payment of NCD interest for Sep 2026

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • Fusion Finance paid NCD interest on September 28, 2026, ahead of the September 29 due date
  • Net interest amount disbursed was ₹1.25 crore after applicable taxes
  • Monthly interest payment frequency remained unchanged with no redemptions recorded
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Fusion Finance confirmed the successful payment of interest on its Non-Convertible Debentures (NCDs) due on September 29, 2026. The NBFC ensured compliance with SEBI listing obligations by settling the monthly coupon before the deadline.

The company issued a certificate to BSE Limited stating that the interest payment was duly made to eligible debenture holders. The record date for this payment cycle was September 14, 2026. The actual payment date was September 28, 2026, one day prior to the scheduled due date.

Interest Payment Details

The interest is paid on a monthly basis for the specific NCD series. The total issue size for this tranche stands at ₹150 crore. The gross interest amount payable on the due date was ₹1.39 crore, inclusive of applicable taxes. After tax deductions, the net amount transferred to investors was ₹1.25 crore.

Particular Details
Issue Size ₹150 crore
Gross Interest Due ₹1.39 crore
Net Interest Paid ₹1.25 crore
Payment Frequency Monthly
Record Date September 14, 2026
Actual Payment Date September 28, 2026

Regulatory Compliance and Redemption Status

This certification was filed pursuant to Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references the SEBI Master Circular for Debenture Trustees. There were no changes in the frequency of interest payments during this period.

The company reported no redemption payments for this period. Details regarding full or partial redemption, call options, or put options were marked as not applicable. Consequently, there were no outstanding redemption amounts or changes in the record date related to principal repayment.

What the Numbers Show

The data indicates a consistent operational rhythm in debt servicing. The interest amount of ₹1.39 crore represents approximately 0.93% of the ₹150 crore issue size on a monthly basis. This implies an annualized coupon rate of roughly 11.16%, assuming simple interest calculation on the face value. The one-day early settlement highlights the company's focus on maintaining a clean track record with debenture trustees and investors.

Historical Stock Returns for Fusion Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.82%-1.70%-16.83%+14.51%-12.51%-46.26%

How will the consistent on-time debt servicing impact Fusion Finance's credit rating outlook and future borrowing costs?

What are the company's strategic plans for utilizing the ₹150 crore capital base as the NCD approaches maturity?

Given the ~11.16% annualized coupon rate, how does this yield compare to current market rates for comparable NBFC instruments?

Fusion Finance CSO Priyanka Seth Wadhera resigns effective Sep 25

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Fusion Finance CSO Priyanka Seth Wadhera resigned effective September 25, 2026
  • Her last working day with the company is December 19, 2026
  • Resignation noted by Nomination and Remuneration Committee and Board
  • She cited exploring new professional growth opportunities as the reason
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Fusion Finance Limited announced on September 25, 2026, that its Chief Strategy Officer and Senior Managerial Personnel, Priyanka Seth Wadhera, has resigned from her position. The resignation is effective immediately, with her final working day scheduled for December 19, 2026.

The company informed stock exchanges in a regulatory filing that it received the resignation letter from Seth Wadhera earlier that day. The move was noted by the Nomination and Remuneration Committee and the Board of Directors. The filing was submitted pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation details

In her resignation letter addressed to the Managing Director and the Board, Seth Wadhera stated that she is leaving to explore professional opportunities that offer new avenues for growth. She confirmed that there is no reason for her resignation other than this stated purpose.

The company disclosed specific details regarding the cessation as required under SEBI circulars:

Particulars Details
Reason for change Resignation
Cessation date September 25, 2026
Last working day December 19, 2026
Role Chief Strategy Officer and Senior Managerial Personnel

Transition plan

Seth Wadhera expressed appreciation to the management and board for the opportunities provided during her tenure. She committed to ensuring an orderly transition and remaining available to provide necessary assistance during the handover of her responsibilities until her last working day in December 2026.

The company confirmed that the details related to the resignation, including the profile and relationship disclosures where applicable, were enclosed with the filing as Annexure-B. The full text of the resignation letter was also made available on the company's website.

Historical Stock Returns for Fusion Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.82%-1.70%-16.83%+14.51%-12.51%-46.26%

Who will be appointed as the successor to the Chief Strategy Officer role, and what is the timeline for this transition?

How might Priyanka Seth Wadhera's departure impact Fusion Finance Limited's ongoing strategic initiatives and long-term growth plans?

Will there be any changes in leadership compensation or governance structures following this resignation?

More News on Fusion Finance

1 Year Returns:-12.51%