Fusion Finance Limited has informed the Exchange regarding 'Intimation of receipt of trading approval for 5,66,562 Equity Shares converted from partly paid-up equity shares to fully paid-up equity shares.'.
FUSION · price
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Fusion Finance Limited has received trading approval from the exchange for 5,66,562 equity shares. These shares were previously issued as partly paid-up and have now been converted to fully paid-up status. The approval enables these shares to be traded on the exchange in their fully paid-up form. This is a routine corporate action following the completion of the call money payment by allottees. No new shares are being issued, and there is no change in the total equity capital of the company.
Shareholders holding these converted shares can now trade them freely on the exchange without restrictions related to partly paid-up status. This is a procedural update with no material impact on the stock price or shareholding structure.