Description

Trading suspended for partly paid equity shares of Fusion Finance Limited from November 11, 2025 due to record date for first and final call notice.

Summary

BSE has instructed trading members to cease dealing in partly paid equity shares of Fusion Finance Limited (Scrip Code: 890214) effective November 11, 2025. The suspension is to facilitate the company’s record date determination for issuing first and final call notices to partly paid shareholders. Shareholders must pay Rs. 65.50 per share (Rs. 5.00 face value + Rs. 60.50 premium) as the final call amount.

Key Points

  • Trading in partly paid equity shares of Fusion Finance Limited suspended from November 11, 2025
  • Record date set for November 11, 2025 to identify eligible shareholders
  • First and final call amount: Rs. 65.50 per share (Rs. 5.00 face value + Rs. 60.50 premium)
  • Settlement number: DR-753/2025-2026
  • Scrip code for partly paid shares: 890214
  • All trading members required to comply with no dealings instruction

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for managing partly paid share call procedures.

Compliance Requirements

  • Trading members must not execute any trades in Fusion Finance Limited’s partly paid equity shares (scrip code 890214) from November 11, 2025
  • Trading members must inform their clients holding partly paid shares about the trading suspension
  • Shareholders of partly paid shares must be ready to respond to the first and final call notice when issued

Important Dates

  • November 7, 2025: Circular issued
  • November 11, 2025: Record date for identifying eligible partly paid shareholders
  • November 11, 2025: No dealings commence (Settlement DR-753/2025-2026)

Impact Assessment

Market Impact: High - Complete suspension of trading in partly paid equity shares prevents any market transactions, affecting liquidity for existing holders of these shares.

Investor Impact: High - Shareholders holding partly paid shares cannot trade their holdings and must prepare to pay the call amount of Rs. 65.50 per share. Failure to pay the call amount may result in forfeiture of shares.

Operational Impact: Medium - Trading members must update their systems to block trades in the specified scrip code and communicate the suspension to affected clients promptly.

Impact Justification

Complete trading suspension for partly paid shares affecting shareholders' ability to trade until call payment deadline