Description

Fusion Finance Limited lists 5,66,562 new equity shares from conversion of partly paid to fully paid shares issued on rights basis, tradable from January 28, 2026.

Summary

BSE has approved the listing of 5,66,562 new equity shares of Fusion Finance Limited (Scrip Code: 543652) resulting from the conversion of partly paid shares to fully paid up shares of Rs. 10/- each issued on rights basis. These shares will be available for trading from Wednesday, January 28, 2026, and are pari-passu with existing equity shares.

Key Points

  • Total new shares listed: 5,66,562 equity shares of Rs. 10/- each
  • Origin: Conversion of partly paid shares to fully paid up shares
  • Issue basis: Rights issue
  • Trading commencement date: January 28, 2026
  • ISIN: INE139R01012
  • Scrip Code: 543652
  • Distinctive number ranges: 107380110 to 107803611 (423,502 shares) and 161207971 to 161351030 (143,060 shares)
  • Rights status: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for new securities arising from corporate actions.

Compliance Requirements

  • Trading members are permitted to trade in these new securities from the effective date
  • No additional compliance requirements for market participants
  • Company has completed conversion formalities as per applicable regulations

Important Dates

  • Notice Date: January 27, 2026
  • Trading Commencement Date: January 28, 2026

Impact Assessment

Market Impact: Low - This is a routine listing of shares from rights issue conversion affecting only existing shareholders who participated in the rights issue. The conversion from partly paid to fully paid shares represents completion of payment obligations rather than fresh capital raising.

Operational Impact: Minimal - Trading members can trade these shares alongside existing shares from the commencement date. The pari-passu status ensures no differential treatment in terms of rights, dividends, or voting.

Shareholder Impact: Positive for participating shareholders as their partly paid shares are now fully paid and freely tradable, completing their investment commitment.

Impact Justification

Routine listing of converted shares with limited market impact, specific to single company shareholders