Description

BSE activates Call Money Module for Fusion Finance Limited's first and final call on 6.1 crore partly paid-up equity shares at Rs.65.50 per share, with bidding from November 27 to December 11, 2025.

Summary

BSE has activated the Call Money Module on its IBBS platform for Fusion Finance Limited’s first and final call on partly paid-up equity shares. Trading Members, Self-Certified Syndicate Banks (SCSBs), and intermediaries can submit call money collection details for 6,10,58,392 partly paid-up equity shares at Rs.65.50 per share. The bidding period runs from November 27 to December 11, 2025.

Key Points

  • First and final call on Fusion Finance Limited’s partly paid-up equity shares (Symbol: FUSIONPP)
  • Total shares affected: 6,10,58,392 partly paid-up equity shares
  • Call money amount: Rs.65.50 per share
  • Market lot: 1 share
  • Bidding hours: 10:00 a.m. to 5:00 p.m. daily during issue period
  • Module available to SCSBs and Trading Members with 3-in-1 type accounts
  • Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)

Regulatory Changes

No new regulatory changes introduced. This notice operates under existing SEBI circular dated December 8, 2020, and BSE notice no. 20210104-37 dated January 4, 2021, which govern the Call Money Module framework.

Compliance Requirements

  • Trading Members and SCSBs: Must use the IBBS Call Money Module to submit details of call money notices collected during the issue period
  • Shareholders: Holders of partly paid-up equity shares must pay Rs.65.50 per share as call money within the specified period
  • Intermediaries: Required to facilitate the call money collection process for their clients

Important Dates

  • Issue Opening Date: Thursday, November 27, 2025
  • Issue Closing Date: Thursday, December 11, 2025
  • Issue Period: 15 days
  • Bidding Hours: 10:00 a.m. to 5:00 p.m. on each day

Impact Assessment

Market Impact: Limited to holders of Fusion Finance Limited’s partly paid-up equity shares (Symbol: FUSIONPP). Shareholders must pay the call money amount of Rs.65.50 per share to convert their partly paid shares to fully paid shares.

Operational Impact: Trading members and SCSBs need to process call money collection through the IBBS platform during the 15-day window. Non-payment by shareholders may result in forfeiture of their partly paid shares.

Contact Points: BSE has provided dedicated email and phone contacts for regulatory, bidding-related, and technical queries regarding the IBBS platform.

Financial Exposure: Total call money to be collected amounts to approximately Rs.399.93 crore (6,10,58,392 shares × Rs.65.50 per share).

Impact Justification

Affects holders of 6.1 crore partly paid-up shares who must pay the call money amount; procedural notice for trading members and intermediaries to facilitate collection through IBBS platform