Description
Approval for trading of 5,97,60,558 equity shares of Fusion Finance Limited arising from conversion of partly paid shares to fully paid up shares issued on rights basis, effective January 06, 2026.
Summary
BSE has approved the listing and trading of 5,97,60,558 new equity shares of Fusion Finance Limited (Scrip Code: 543652) effective from Tuesday, January 06, 2026. These shares result from the conversion of partly paid shares to fully paid up shares of Rs. 10/- each, issued on a rights basis. The new shares are pari-passu with existing equity shares.
Key Points
- Total new shares listed: 5,97,60,558 equity shares
- Face value: Rs. 10/- per share
- Origin: Conversion of partly paid shares to fully paid up shares (rights issue)
- ISIN: INE139R01012
- Distinctive number ranges: 101023886 to 107380109 and 107803637 to 161207970
- Rights and privileges: Pari-passu with existing equity shares
- Company: Fusion Finance Limited (Scrip Code: 543652)
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following corporate action completion.
Compliance Requirements
- Trading members are permitted to trade in these new securities from the effective date
- Standard trading procedures apply as these shares rank pari-passu with existing equity shares
- No special compliance requirements for market participants
Important Dates
- Notice Date: January 05, 2026
- Trading Commencement Date: January 06, 2026 (Tuesday)
Impact Assessment
Market Impact: Low - This is a routine listing following completion of a rights issue conversion process. The shares have been allotted to existing shareholders who exercised their rights.
Company Impact: The conversion increases the fully paid-up equity base of Fusion Finance Limited, improving the capital structure by converting partly paid shares to fully paid status.
Investor Impact: Minimal - Shareholders who subscribed to the rights issue and held partly paid shares now have fully paid shares with full voting and dividend rights. The shares are tradable from January 06, 2026.
Impact Justification
Routine listing of equity shares following conversion of partly paid to fully paid shares. Standard corporate action with no material market impact beyond the specific company.