21 promoter group entities reclassified as public shareholders

Ownership Changes View source PDF Explain this filing

FUSION · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.6%Reaction day

₹233.00

prior close

₹234.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-2.8% vs market

Finance peers, median of 403sector · industry level+0.0%-2.6% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 2.6 pts less than its Finance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.4

10m

-2.8

15m

-3.5

30m

-3.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6+0.2-2.8+0.0-2.6

Next day

-2.3-0.5-1.8-0.6-1.7

-5.1-2.5-2.6-1.9-3.2

-1.7-0.6-1.1-1.2-0.5

+0.4+0.7-0.3-0.7+1.1

+2.1+0.9+1.3-0.7+2.9

-2.2+0.5-2.7-1.4-0.8

15d

-5.4-0.2-5.2-2.0-3.5

-6.4+2.9-9.3-1.8-4.6

-14.0+5.0-19.0-2.6-11.5

-27.6+3.7-31.3-5.8-21.8

UpDownMarket · Nifty Microcap 250Sector · Finance peers, median of 403Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NSE and BSE have approved reclassifying 21 promoter or promoter group entities of Fusion Finance as public shareholders, subject to shareholder approval. Together they hold 28,67,019 shares or 1.77% of the company. Key among them is Devesh Sachdev with 21,56,519 shares (1.33%). The remaining promoters including Honey Rose Investments, Creation Investments Fusion LLC, and Creation Investments Fusion II LLC will continue as promoters and retain majority shareholding.

Likely market impact

Marginal reduction in promoter shareholding. Reclassification still needs shareholder approval. Other promoters keep majority stake.