Announced Mon, 6 Jul · 11:20 IST
Promoter annual encumbrance declaration; reclassification as public filed
Ownership Changes View source PDF
FUSION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹233.00
prior close
₹225.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.0+0.1+0.2-2.3-5.1-1.7+0.4+2.1-2.2-5.4———
Up moveDown movePending
AI summary
Devesh Sachdev (promoter) and Mini Sachdev (promoter group) of Fusion Finance filed their annual SEBI Reg 31(4) declaration for FY ended March 31, 2026, confirming no new share encumbrances were created. Separately, both have applied for reclassification from promoter/promoter group to public shareholder, with the company having filed this with NSE and BSE on March 2, 2026.
Likely market impact
Promoters seeking reclassification as public shareholders marks a governance shift worth tracking. No new pledges created during the year is neutral for shareholders.