Announced Wed, 17 Jun · 20:45 IST
Second reminder and forfeiture notice for unpaid rights call money
Corporate Actions 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
+0.8%1-day move
₹178.58
prior close
₹178.58
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.5-0.3-0.6+0.8-0.2-1.9+2.2+8.5+6.1+31.0+26.5——
Up moveDown movePending
AI summary
Fusion Finance has issued a second reminder and forfeiture notice to shareholders who have not paid the first and final call money of Rs 65.50 per share (Rs 5 face value plus Rs 60.50 premium) on 3,92,088 partly paid-up equity shares from its March 2025 rights issue. Payment period runs from June 22 to July 6, 2026, with 10 percent annual interest on the delayed amount. Non-payment will lead to forfeiture of shares including any amount already paid.
Likely market impact
Defaulting shareholders risk losing their partly paid shares and any money already paid. Minimal impact for broader shareholders.