Fusion Finance Rights Issue: 229K Shares Converted, 163K Forfeited
Capital Reduction / Redemption / Conversion
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
28th Jul 2026
Key Quantitative Figures
- Received First and Final Call Money for 2,29,060 partly paid-up equity shares
- Amount received: ₹1,50,03,430 (Rupees One Crore Fifty Lakh Three Thousand Four Hundred Thirty only)
- Unpaid First and Final Call Money for 1,63,028 partly paid-up equity shares
- Unpaid amount: ₹1,06,78,334 (Rupees One Crore Six Lakh Seventy-Eight Thousand Three Hundred Thirty-Four only)
- Total partly paid-up shares involved: 392,088 shares
Dates of Action
- Second Reminder-cum-Forfeiture Notice dated: June 17, 2026
- Payment period specified: June 22, 2026 to July 06, 2026
- Rights Issue Committee meeting date: July 28, 2026
- Previous intimation dated: June 17, 2026
- Letter of Offer dated: March 29, 2025
Parties Involved
- Fusion Finance Limited (issuing company)
- National Stock Exchange of India Limited
- BSE Limited
- Rights Issue Committee of the Company
- Shareholders of partly paid-up equity shares
- Vikrant Sadana, Company Secretary and Compliance Officer
Capital Structure Impact
- 2,29,060 equity shares converted from partly paid-up to fully paid-up status
- 1,63,028 equity shares forfeited including amount already paid thereon
- Reduction in outstanding share capital due to forfeiture
Additional Information
- Forfeiture notice will be issued to holders of unpaid partly paid-up shares
- Document available on company website: www.fusionfin.com
- Letter No. FFL/SEC/2026-27/SE-50
- Place of issuance: Gurugram