Description

BSE activates Call Money Module for Fusion Finance Limited's first and final call on partly paid-up equity shares. Call money amount of Rs. 65.50 per share payable during November 27 - 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. Shareholders holding 6,10,58,392 partly paid-up equity shares (symbol: FUSIONPP) must pay Rs. 65.50 per share between November 27, 2025 and December 11, 2025. The call money collection will be facilitated through Self-Certified Syndicate Banks (SCSBs) and Trading Members with 3-in-1 type accounts.

Key Points

  • First and final call on partly paid-up equity shares of Fusion Finance Limited
  • Total shares affected: 6,10,58,392 partly paid-up equity shares
  • Call money amount: Rs. 65.50 per share
  • Security symbol: FUSIONPP
  • Market lot: 1 share
  • Bidding hours: 10:00 AM to 5:00 PM during issue period
  • Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Module accessible to SCSBs and Trading Members with 3-in-1 accounts
  • Circular follows BSE notice no. 20210104-37 dated January 4, 2021 and SEBI circular dated December 8, 2020

Regulatory Changes

No new regulatory changes introduced. This circular implements existing framework under BSE notice no. 20210104-37 (January 4, 2021) and SEBI circular dated December 8, 2020 regarding call money collection procedures for partly paid-up shares.

Compliance Requirements

  • Trading Members and SCSBs: Must use the Call Money Module on IBBS platform 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 during the specified period
  • Eligible Intermediaries: Only Self-Certified Syndicate Banks and Trading Members with 3-in-1 type accounts can facilitate call money collection

Important Dates

  • Issue Opening Date: Thursday, November 27, 2025
  • Issue Closing Date: Thursday, December 11, 2025
  • Issue Period: 15 days
  • Bidding Period: 10:00 AM to 5:00 PM daily during issue period

Impact Assessment

Market Impact: Limited to specific shareholder group holding FUSIONPP partly paid-up shares. No impact on broader equity market operations.

Operational Impact: Trading Members and SCSBs must ensure their systems are configured to access the Call Money Module on IBBS platform. Total call money to be collected: approximately Rs. 39.99 crore (6,10,58,392 shares × Rs. 65.50).

Shareholder Impact: Shareholders holding partly paid-up shares must arrange payment of Rs. 65.50 per share within the 15-day window. Failure to pay may result in forfeiture of shares as per company’s articles of association.

Contact Information:

Impact Justification

Affects holders of 6.10 crore partly paid-up shares of Fusion Finance Limited who must pay Rs. 65.50 per share. Limited to specific shareholder group but involves significant call amount.