Geecee Ventures Limited has completed a significant payment towards its equity investment in Adani Enterprises Limited, marking another milestone in the company's acquisition process. The payment of Rs 1.39 crores was completed on January 27, 2026 at 01:00 p.m., representing the first call notice payment for partly paid-up equity shares.

Investment Details and Payment Structure

The company's investment in Adani Enterprises Limited follows a structured payment approach typical of partly paid-up equity shares. Geecee Ventures had initially applied for 34,000 partly paid-up equity shares, with the Rights Issue Committee of AEL approving the allotment of 30,912 shares.

Target Company Profile

Adani Enterprises Limited, incorporated on March 02, 1993, serves as the flagship company of the Adani Portfolio. The company operates in the trading-minerals sector and has established a presence across multiple countries including India, Australia, Indonesia, Singapore, the Middle East and parts of Southeast Asia.

Historical Performance

Adani Enterprises Limited has demonstrated varying revenue performance over the past three years:

Investment Rationale and Impact

The acquisition represents part of Geecee Ventures' investment activity, with the company describing this investment as a miniscule part of its investment portfolio. The total cost of investment in equity shares of AEL exceeds the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, necessitating the regulatory disclosure.

Regulatory Compliance

The transaction does not fall within related party transactions, and no governmental or regulatory approvals are required for the acquisition. The acquisition will be completed upon payment of all outstanding call monies, with the consideration being made entirely in cash. The company has fulfilled its disclosure obligations under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

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.