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 received confirmation of share allotment in Adani Enterprises Limited through a rights issue, marking the completion of its strategic investment application. The company was allotted 30,912 partly paid-up equity shares at ₹1,800 per share, with a total acquisition cost of approximately ₹2.78 crores.

Allotment Confirmation Details

Following GeeCee Ventures' application submitted on December 10, 2025, the Rights Issue Committee of Adani Enterprises Limited approved the allotment on December 11, 2025, at 9:28 p.m. The company was formally notified of this allotment on December 12, 2025, at 10:30 a.m.

Payment Structure and Completion

The investment follows a structured payment approach as defined in Adani Enterprises' Letter of Offer. GeeCee Ventures has paid ₹900 per share as application money, with the balance amount payable through two or more separate calls to be made by AEL. The acquisition will be completed upon payment of all call monies through cash consideration.

About Adani Enterprises Limited

Adani Enterprises Limited serves as the flagship company of the Adani Portfolio, focusing on establishing diverse new businesses vital to the nation's resilient growth. The company has demonstrated significant business operations with a strong financial foundation.

Historical Performance and Global Presence

Adani Enterprises has maintained substantial business scale over the past three years, operating in the trading-minerals sector. The company's turnover history reflects its significant market presence:

Incorporated on March 2, 1993, AEL maintains a global presence across India, Australia, Indonesia, Singapore, the Middle East, and parts of Southeast Asia. The company has established a track record of incubating assets critical to India's growth and development.

Investment Rationale and Compliance

GeeCee Ventures has characterized this investment as part of its investment activity, describing it as a miniscule part of its investment portfolio. However, the total cost of investment in AEL equity shares exceeds the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, necessitating regulatory disclosure. The acquisition does not fall within related party transactions and requires no governmental or regulatory approvals.