Conversion and forfeiture of partly paid-up shares from Rights Issue
FUSION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 2.9 pts less than its Finance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Fusion Finance completed the First and Final Call on partly paid-up shares from its March 2025 Rights Issue. 2,29,060 shares (about Rs 1.50 crore) converted to fully paid-up after receiving call money. The remaining 1,63,028 shares (about Rs 1.07 crore) were forfeited because shareholders did not pay despite notices. Forfeited shares include any amounts already paid.
Minor capital adjustment. Forfeited shares may be reissued or cancelled later. Negligible impact on existing shareholders.