Fusion Finance Limited has informed the Exchange regarding Resignation of Mr Narendra Ostawal as Non- Executive Director of the company w.e.f. September 04, 2025.

Management Changes View source PDF Explain this filing

FUSION · price

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Price reactionminutes from the announcement price · days from the prior close

+3.0%Reaction day

₹169.97

prior close

₹169.97

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%+3.0% vs market

Finance peers, median of 381sector · industry level+0.0%+3.0% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 3.0 pts more than its Finance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

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15m

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30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0-0.0+3.0+0.0+3.0

Next day

+3.0+0.4+2.6+0.0+3.0

+2.4+0.6+1.8+0.0+2.4

+1.9+1.0+0.9+0.1+1.8

+4.7+0.9+3.8+0.1+4.6

+8.5+0.8+7.7+0.0+8.5

+6.8+2.2+4.6+0.5+6.3

15d

+12.7-1.7+14.4-1.8+14.5

+11.7-0.5+12.2-1.0+12.7

+0.1-0.5+0.5-2.0+2.1

+0.0-4.7+4.8-6.2+6.2

UpDownMarket · Nifty Microcap 250Sector · Finance peers, median of 381Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr Narendra Ostawal has resigned as Non-Executive Director of Fusion Finance Limited with effect from September 04, 2025. The company has informed the stock exchange about the change in board composition. No reason for the resignation has been disclosed in this filing. The position of Non-Executive Director on the board will now be vacant or pending appointment.

Likely market impact

This is a routine board-level change involving a Non-Executive Director, with limited direct impact on daily operations. Shareholders should monitor for further disclosures on the reason for departure and any planned board reconstitution.