Fusion Finance Limited has informed the Exchange about Copy of Newspaper Publication
FUSION · price
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Fusion Finance Limited has filed copies of newspaper advertisements published on May 9, 2025 in Financial Express (English) and Jansatta (Hindi), as required under SEBI ICDR Regulation 92, disclosing key details of its completed Rights Issue. The company issued 6,10,58,392 partly paid-up equity shares at ₹131 per share (including ₹121 premium), aggregating to ₹799.86 crore, in the ratio of 55 rights shares for every 91 fully paid-up shares held as on the record date of April 4, 2025. The issue, which opened on April 15, 2025 and closed on April 25, 2025, was oversubscribed at 152.36%, receiving 8,508 valid applications for 9,30,29,148 shares against 6,10,58,252 shares allotted. The basis of allotment was finalized on April 30, 2025, shares were credited to demat accounts on May 7, 2025, and the newly allotted rights shares are scheduled to begin trading on BSE and NSE from May 12, 2025 under ISIN IN9139R01028.
The rights issue was oversubscribed by 52.36%, reflecting strong investor confidence in the company. The newly allotted shares will start trading on May 12, 2025, which may introduce near-term dilution and price adjustment, though the successful capital raise of ₹799.86 crore strengthens Fusion Finance's growth capital position.