Fusion Finance Completes Rs 8 billion Rights Issue Payment
ECONOMY & POLICY

Fusion Finance Completes Rs 8 billion Rights Issue Payment

Fusion Finance Limited has recently completed the receipt of the First and Final Call money on equity shares issued under its Rights Issue, marking the full closure of its Rs 8 billion capital raise. The Rights Issue involved partly paid-up equity shares, with the issue price payable in two tranches.
The balance amount under the First and Final Call was fixed at Rs 65.50 per share. During the call period, the company received approximately Rs 3.953 billion, representing around 99 per cent of the total amount called.
Following the receipt of the final payment, all required corporate actions have been completed to convert the partly paid-up equity shares into fully paid-up equity shares of face value Rs 10 each. These shares have been admitted for trading on the National Stock Exchange of India and BSE Limited with effect from 6 January 2026.
Sanjay Garyali, MD & CEO, Fusion Finance, said the completion of the Rights Issue payment cycle marks an important milestone, strengthening the company’s capital position and providing greater financial flexibility to support long-term growth. He added that the strong shareholder participation reflects confidence in the company’s business fundamentals and governance framework.
The completion of the Rights Issue further strengthens Fusion Finance’s balance sheet and enhances its capacity to support business expansion while maintaining prudent risk management. As of 30 September 2025, the company reported a capital adequacy ratio of 31.31 per cent, with the funds raised expected to further reinforce its capital base. 

Fusion Finance Limited has recently completed the receipt of the First and Final Call money on equity shares issued under its Rights Issue, marking the full closure of its Rs 8 billion capital raise. The Rights Issue involved partly paid-up equity shares, with the issue price payable in two tranches.The balance amount under the First and Final Call was fixed at Rs 65.50 per share. During the call period, the company received approximately Rs 3.953 billion, representing around 99 per cent of the total amount called.Following the receipt of the final payment, all required corporate actions have been completed to convert the partly paid-up equity shares into fully paid-up equity shares of face value Rs 10 each. These shares have been admitted for trading on the National Stock Exchange of India and BSE Limited with effect from 6 January 2026.Sanjay Garyali, MD & CEO, Fusion Finance, said the completion of the Rights Issue payment cycle marks an important milestone, strengthening the company’s capital position and providing greater financial flexibility to support long-term growth. He added that the strong shareholder participation reflects confidence in the company’s business fundamentals and governance framework.The completion of the Rights Issue further strengthens Fusion Finance’s balance sheet and enhances its capacity to support business expansion while maintaining prudent risk management. As of 30 September 2025, the company reported a capital adequacy ratio of 31.31 per cent, with the funds raised expected to further reinforce its capital base. 

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code