Fusion Finance Limited Regulatory Clarification

Summary of Company's Response

Fusion Finance Limited provided a detailed clarification to the National Stock Exchange of India (NSE) in response to their letter (NSE/CM/Surveillance/17355) dated August 12, 2026. The query sought clarification on a news article titled "Fusion Finance aims to cut microfin share, offer larger retail loans" published in the Economic Times on August 12, 2026.

Date and Nature of Query

The NSE's query was received on August 12, 2026, and sought clarification on three specific points:

1. Whether negotiations/events mentioned in the article were taking place and to provide a chronological sequence of events

2. Whether the company was aware of any undisclosed information that could explain trading movements

3. The material impact of the article on the company

Company's Clarification on Trading Volume and Financial Results

The company clarified that the news article was based on an interaction between Mr. Sanjay Garyali (Managing Director and CEO) and the Economic Times held after the company announced its unaudited financial results for Q1 FY27 (quarter ended June 30, 2026).

Chronological sequence of events provided:

  • 10-Aug-2026 17:17:05 - Outcome of board meeting intimated to NSE, including approval of 'Individual Loans' as a new lending product
  • 10-Aug-2026 17:19:47 - Investor presentation uploaded on NSE
  • 10-Aug-2026 17:33:00 - Press release uploaded on stock exchanges
  • 10-Aug-2026 18:00:00 to 19:03:00 - Earnings conference call conducted discussing individual loans, current ROA of 3% (as of June 2026), and target of ₹10,000 crores AUM
  • 10-Aug-2026 21:26:09 - Audio recording of earnings conference call made available
  • 11-Aug-2026 ~11:00 to 11:30 AM - Media interaction with Economic Times

The company stated that all strategic information referenced in the article had already been disclosed to the exchanges prior to publication.

Regulatory Compliance with SEBI Regulations

The company confirmed full compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. They stated: "The Company ensures that all material information and events requiring disclosure under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are duly intimated to the Stock Exchanges within the prescribed timelines."

The company specifically stated: "We are not aware of any information that has not been announced to the Exchanges which could explain the movement in the trading" and "there was no material information or event requiring disclosure that remained undisclosed to the Stock Exchanges."

Details of Financial Results Clarification

The clarification referenced that the individual loan product strategy was disclosed in the investor presentation (Page 9 of the PDF) filed on August 10, 2026. The company emphasized that the information about their business strategy, including reducing microfinance share and offering larger retail loans, was already in the public domain through their exchange filings and earnings conference call.