Fusion Finance Limited has informed the Exchange about meeting of the Rights Issue Committee
FUSION · price
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Fusion Finance's Rights Issue Committee met on May 2, 2025, and approved the allotment of 6,10,58,392 partly paid-up equity shares at Rs. 131 per share (including a premium of Rs. 121). Eligible shareholders have paid Rs. 65.50 per share (Rs. 5 face value + Rs. 60.50 premium) on application, with the balance amount to be called later in one or more tranches, to be completed by March 31, 2027. Following this allotment, the company's total paid-up equity capital will rise to Rs. 131.55 crore, comprising 16,20,82,277 shares. The allotment was finalized in consultation with the lead manager, registrar, and BSE as the designated stock exchange.
The rights issue allotment increases the company's share capital and brings in partial funds from existing shareholders. Remaining calls due by March 2027 mean further dilution potential; existing shareholders should track future call notices for additional capital commitments.