Description

NSE notifies the listing of 5,97,60,558 equity shares of Fusion Finance Limited from conversion of partly paid-up to fully paid-up shares, effective January 06, 2026.

Summary

National Stock Exchange of India has notified the listing of further issue of equity shares of Fusion Finance Limited (Symbol: FUSION) on the Capital Market segment. The listing involves conversion of 5,97,60,558 partly paid-up equity shares to fully paid-up equity shares, effective from January 06, 2026. The shares have face value and paid-up value of Rs. 10/- each, with ISIN INE139R01012, and will trade in market lot of 1 share.

Key Points

  • Company: Fusion Finance Limited (Symbol: FUSION)
  • Number of securities being listed: 5,97,60,558 equity shares
  • Security type: Conversion of partly paid-up equity shares to fully paid-up equity shares
  • Face Value: Rs. 10/- per share
  • Paid-up Value: Rs. 10/- per share
  • ISIN: INE139R01012 (permanent ISIN)
  • Temporary ISIN: IN8139R01011 (for dematerialized shares as per SEBI guidelines)
  • Market lot size: 1 share
  • Series: EQ (Equity)
  • Pari Passu: Yes
  • Lock-in: Not Applicable
  • Distinctive Number Range: From 101023886 to 161207970

Regulatory Changes

No regulatory changes introduced. This circular is issued in pursuance of existing regulations:

  • Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A - for admission of securities to dealings
  • Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A - for specification of lot sizes
  • SEBI circular no. CIR/MRD/DP/21/2012 dated August 02, 2012
  • SEBI circular no. CIR/MRD/DP/24/2012 dated September 11, 2012 - regarding activation of ISIN in case of additional issue of shares/securities

Compliance Requirements

  • Trading members must use the designated security code (FUSION) and ISIN (INE139R01012) for trading purposes
  • Trading must be conducted in the specified market lot size of 1 share
  • Dematerialized shares currently credited under temporary ISIN (IN8139R01011) will need to be migrated to permanent ISIN (INE139R01012) as per SEBI guidelines

Important Dates

  • Circular Issue Date: January 05, 2026
  • Effective Date of Listing: January 06, 2026
  • Circular Reference: NSE/CML/72160, Circular Ref. No: 0019/2026

Impact Assessment

Market Impact: Medium - The conversion of approximately 5.98 crore partly paid-up shares to fully paid-up shares represents a significant corporate action. This will increase the fully paid-up equity base of Fusion Finance Limited.

Liquidity Impact: The listing of these converted shares may improve market liquidity for FUSION stock, given the substantial number of shares involved.

Investor Impact: Existing shareholders holding partly paid-up shares will see their holdings converted to fully paid-up shares with no lock-in restrictions, allowing immediate trading flexibility. The pari passu status ensures equal rights with existing fully paid-up shares.

Operational Impact: Trading systems will recognize these shares under the permanent ISIN from January 06, 2026. The market lot size of 1 share allows for granular trading.

Impact Justification

Routine listing notification for conversion of partly paid-up shares to fully paid-up shares. Medium impact for existing shareholders due to significant number of shares (5.97 crore) being converted, which may affect liquidity and dilution metrics.