Fusion Finance Limited has informed the Exchange about First And Final Reminder Cum Forfeiture Notice In Respect Of First And Final Call On The Outstanding Partly Paid-Up Equity Shares Of The Company Issued And Allotted On Rights Basis, Pursuant To Letter Of Offer Dated March 29, 2025.
FUSION · price
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Fusion Finance Limited has sent a final reminder to shareholders who have not yet paid the call money on partly paid-up equity shares allotted under the company's rights issue (as per the letter of offer dated March 29, 2025). These shareholders are being given a last chance to pay the outstanding amount. If they fail to do so, the company will forfeit those partly paid shares. The notice acts as a warning that failure to act will result in the loss of those equity shares entirely.
Shareholders who received rights issue shares but haven't paid the balance amount risk losing their shares through forfeiture. For the broader stock, this is a routine compliance step and likely has minimal direct impact on share price, though it may slightly reduce dilution if forfeited shares are later cancelled.