FUSIONNSEFusion Finance LimitedHighNeutral
Announced Fri, 2 May · 23:42 IST

Fusion Finance Limited has informed the Exchange about meeting of the Rights Issue Committee

FUSION · price

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Price reaction · full curve 14 horizons · vs prior close
-7.1%1-day move
₹168.69
prior close
₹168.52
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.9-0.7-0.6-7.1-3.4-7.8-9.0-1.9+8.5+2.4+0.8+12.1-6.5
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AI summary

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.

Likely market impact

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.