Announcement under Regulation 30 (LODR)- Completion of Tenure (Second & Final Term) of Independent Director is enclosed.
FUSION · price
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Ms. Ratna Dharashree Vishwanathan has completed her second and final term as a Non-Executive Independent Director of Fusion Finance Ltd effective May 23, 2026, and has consequently ceased to be a Director. She served on the Board since 2018, spanning approximately 8 years across both terms. The Board has placed on record its appreciation for her valuable guidance and contributions, particularly in strengthening corporate governance practices and advancing strategic initiatives. The company has filed this disclosure under SEBI LODR Regulations 30 and 51.
The departure is due to natural tenure completion rather than controversy or disagreement. While it reduces board independence and may trigger a replacement appointment under regulatory requirements, the company has 5 seats to fill independently, so this is a routine governance transition.