The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Honey Rose Investment Ltd

Promoter Stake BuyOwnership Changes View source PDF Explain this filing

FUSION · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+4.0%Reaction day

₹156.75

prior close

₹152.81

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+2.7% vs market

Finance peers, median of 372sector · industry level+0.0%+4.0% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 4.0 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

+1.6

10m

+1.6

15m

+1.9

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0+1.3+2.7+0.0+4.0

Next day

-0.8+0.4-1.2-0.8+0.0

-2.1+0.3-2.4-1.6-0.4

+5.6+5.0+0.6+1.5+4.1

+8.6+6.7+2.0+2.2+6.4

+16.7+8.4+8.4+2.5+14.2

+16.7+10.3+6.4+4.2+12.5

15d

+14.2+12.8+1.4+4.6+9.6

+16.7+16.0+0.7+5.4+11.3

+20.6+16.9+3.7+4.9+15.7

-1.6+12.5-14.1+3.8-5.4

UpDownMarket · Nifty Microcap 250Sector · Finance peers, median of 372Pending

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

AI summary

Honey Rose Investment Ltd, part of the promoter group of Fusion Finance Ltd, acquired 2,38,91,326 equity shares through the company's Rights Issue, with allotment dated May 02, 2025. This increased the promoter entity's holding from 3,31,64,881 shares (32.83%) to 5,70,56,207 shares (35.20%) of the post-issue share capital. The rights issue expanded the company's equity base from Rs.101 crore to Rs.131.55 crore (including partly paid shares). The acquisition price was based on the rights issue terms, not the open market. The promoter group's continued confidence is reflected in their full subscription to their rights entitlement.

Likely market impact

This shows promoter group commitment to the company by subscribing to the rights issue, strengthening their stake by about 2.4 percentage points. For shareholders, it signals promoter confidence in the business but also dilutes non-promoter shareholding.