Fusion Finance’s Rs 8 Bn Rights Issue Subscribed 1.5 Times

16 May 2025 CW Team

Fusion Finance Limited, a leading Non-Banking Financial Company-Microfinance Institution (NBFC-MFI), has successfully concluded its partly paid-up rights issue, raising Rs eight billion. Launched on fifteen April twenty twenty-five, the issue was subscribed 1.5 times, demonstrating strong support from institutional investors.

The issue included over sixty-one million partly paid-up equity shares priced at Rs 131 per share, with a premium of Rs 121. The funds will enhance capital adequacy and reinforce Fusion’s position as one of India’s most well-capitalised microfinance institutions.

The company recently appointed Mr Sanjay Garyali as Chief Executive Officer. He brings over twenty-eight years of experience in banking and retail finance. This step aligns with Fusion’s long-term strategy to strengthen leadership and expand its impact.

Fusion Finance has an asset under management of Rs 105.99 billion and operates one thousand five hundred and six branches across twenty-two states and three Union Territories, serving 3.6 million clients. Since its founding in twenty ten, Fusion has remained committed to empowering underserved women entrepreneurs through inclusive financial services.

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