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.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..