Fusion Finance Limited has informed the Exchange about Notice for payment of first and final call on partly paid-up equity shares issued and allotted on rights basis,pursuant to Letter of Offer dated March 29, 2025 ( First and Final Call Notice )
FUSION · price
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Fusion Finance Limited has issued a notice to shareholders for payment of the first and final call money on partly paid-up equity shares that were allotted on a rights basis under the Letter of Offer dated March 29, 2025. Shareholders who subscribed to the rights issue and received partly paid-up shares are now required to pay the remaining balance amount by the specified due date. Failure to pay on time may result in forfeiture of shares as per the terms of the issue. This is a routine follow-up step after a rights issue where shares were initially allotted on a partly paid-up basis. Specific call price and deadline details would be in the formal notice sent to eligible shareholders.
Shareholders holding these partly paid-up rights shares must arrange funds to pay the call money by the due date to avoid forfeiture of their shares. This is a procedural step and not expected to materially impact the stock price on its own.