GeeCee Ventures Limited has successfully completed its balance payment of ₹1.33 crores for partly paid-up equity shares in Fusion Finance Limited (FFL) on December 10, 2025, at 4:30 p.m. This payment represents the final installment towards the First and Final Call notice issued by Fusion Finance Limited.

Investment Details and Structure

The investment transaction involves a comprehensive acquisition structure that began with GeeCee Ventures' existing shareholding in Fusion Finance. The company's investment journey in FFL demonstrates a strategic approach to expanding its investment portfolio in the microfinance sector.

Target Company Profile

Fusion Finance Limited operates as a registered NBFC-MFI (Non-Banking Financial Company - Microfinance Institution) and is listed on both BSE and NSE. The company follows a joint liability group lending model based on the Grameen methodology, focusing exclusively on serving underserved and unbanked rural women.

Fusion Finance's business model centers on providing financial services to rural women, with 100% of its client base comprising women living in rural and peri-rural areas. The company also focuses on financial literacy awareness and maintains CSR activities in health, hygiene, sanitation, and primary education. In 2019, Fusion Finance expanded its services to include MSME loans targeting the missing middle segment.

Historical Performance Overview

Fusion Finance has demonstrated consistent revenue generation over the past three years, showing growth in its turnover despite challenging market conditions.

Regulatory Compliance and Disclosure

This transaction falls under the disclosure requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30 read with Schedule III. GeeCee Ventures had previously intimated the stock exchanges about this investment on May 02, 2025, when the initial part payment was made.

The company's total cost of investment in Fusion Finance exceeds the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, necessitating this regulatory disclosure. The acquisition is deemed complete upon the conversion of partly paid-up equity shares into fully paid-up shares.

Strategic Investment Rationale

This acquisition aligns with GeeCee Ventures' investment activities and represents the company's strategic entry into the microfinance sector through its investment in Fusion Finance Limited. The transaction was executed through cash consideration, with the company making payments in phases as per the rights issue terms and call notice requirements.

GeeCee Ventures Limited has announced a significant investment of ₹25.18 crores in Adani Green Energy Limited (AGEL), acquiring 2,57,800 equity shares through open market purchase. The transaction, completed on December 11, 2025, represents the company's strategic expansion into renewable energy investments as part of its broader investment portfolio activities.

Investment Details

The acquisition provides GeeCee Ventures with a 0.0015% shareholding in AGEL's paid-up capital. The investment was made at market price through open market purchase, with the shares deemed to be allotted on December 11, 2025. This investment exceeds the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, necessitating regulatory disclosure.

About Adani Green Energy Limited

AGEL, incorporated on January 23, 2015, and headquartered in Ahmedabad, stands as India's largest and fastest-growing pure-play renewable independent power producer. The company develops, owns and operates utility-scale grid-connected solar, wind and hybrid renewable energy plants, while also developing energy storage systems using hydro-pumped storage projects and battery energy storage technologies.

Financial Performance

AGEL has demonstrated robust financial growth over the past three years, with its revenue showing consistent upward trajectory:

Operational Capacity and Presence

As of March 31, 2025, AGEL's portfolio comprised 14,243 MW of operational renewable energy capacity distributed across 12 resource-rich states of India. The company maintains its presence across India, Middle East and Africa, positioning itself as a significant player in the global renewable energy sector.

Strategic Investment Rationale

GeeCee Ventures has positioned this acquisition as part of its investment activity, describing it as a miniscule part of the company's investment portfolio. The investment aligns with the growing focus on renewable energy sector investments, particularly given AGEL's leadership position in India's renewable energy landscape.

The transaction does not fall within related party transactions, and no governmental or regulatory approvals were required for the acquisition. The investment was funded through cash consideration, reflecting GeeCee Ventures' commitment to diversifying its investment portfolio across high-growth sectors.