GeeCee Ventures completes Rs 1.33 Cr balance payment for Fusion Finance shares
GEECEE · price
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GeeCee Ventures has paid the remaining Rs 1.33 Crores towards partly paid equity shares of Fusion Finance Limited, completing its right issue subscription. Total investment is about Rs 2.67 Crores at Rs 131 per share. GeeCee now holds 2,68,315 shares in FFL, a listed microfinance NBFC serving rural women. FFL reported turnover of Rs 2,319.76 Crores in FY25 but posted a loss after tax of Rs 1,224.54 Crores. This is not a related party transaction and is part of the company's investment activity.
Completes prior rights issue investment in FFL at about Rs 2.67 Crores. Total stake is 2,68,315 shares. Small portfolio move, no operational impact.