Fusion Finance Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
FUSION · price
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Awaiting price reaction for this filing.
Fusion Finance has filed its annual compliance declaration under Regulation 31(4) and 31(5) of SEBI's Takeover Regulations for the financial year ended 31 March 2025. All promoters and promoter group entities — Devesh Sachdev, Mini Sachdev, Devesh Sachdev Family Trust, Creation Investments Fusion LLC, Creation Investments Fusion II LLC, and Honey Rose Investment Ltd — have confirmed that they did not create any new encumbrance (such as pledge or lien) on their shares during the year. This is a routine yearly filing required from every promoter whose shares carry any encumbrance, certifying that no fresh pledging activity took place. The company has submitted copies to both NSE and BSE as part of the disclosure.
This is a neutral to mildly positive disclosure — it confirms promoters have not pledged additional shares, suggesting no immediate liquidity stress at the promoter level. The stock price is unlikely to react meaningfully as no new material event is disclosed.