Fusion Finance Limited has informed the Exchange about Copy of Newspaper Publication for dispatch of First and Final Call Notice to the shareholders.
FUSION · price
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Fusion Finance Limited has published a notice in newspapers regarding the dispatch of a First and Final Call Notice to its shareholders. This indicates the company is calling upon shareholders holding partly paid-up shares to pay the remaining unpaid portion of their share value. Shareholders who have not yet paid the full amount on their shares will need to remit the balance within the stipulated timeline mentioned in the notice. The newspaper publication is a statutory requirement under company law to inform all shareholders about the call money demand.
Shareholders holding partly paid-up shares of Fusion Finance must pay the remaining balance before the due date to avoid forfeiture of their shares. This does not affect fully paid-up shareholders and is not a fresh fundraising or dividend event.