Fusion Finance has issued a final reminder for 3,92,088 partly paid-up rights shares. Shareholders must pay ₹65.50 per share by July 6, 2026, or risk forfeiture of their investment.

Fusion Finance Ltd: Final Call on Rights Shares

Fusion Finance Ltd has issued a Second Reminder-cum-Forfeiture Notice for 3,92,088 partly paid-up rights equity shares.

Reader Takeaway: Investors must pay ₹65.50 per share by July 6, 2026, to avoid forfeiture.

What just happened

Fusion Finance Ltd is issuing a second reminder to holders of 3,92,088 partly paid-up rights equity shares. The company is making a First and Final Call for ₹65.50 per share, which includes ₹5 face value and ₹60.50 premium. This payment is due by July 6, 2026.

Why this matters

This notice is critical for affected shareholders as failure to pay the outstanding amount by the deadline will result in the forfeiture of their partly paid-up shares, including any money already paid. The company aims to convert these into fully paid-up equity shares (ISIN: INE139R01012).

The backstory

This is part of the process following the initial rights issue where shares were issued with partly paid-up status. The company is now collecting the final call money to complete the conversion to fully paid-up shares.

What changes now

Shareholders who have not yet paid the call amount must do so before July 6, 2026. They also need to pay interest at 10.00% per annum for delayed payments from December 12, 2025, to June 21, 2026.

Risks to watch

The primary risk for investors is the forfeiture of their shares and any prior payments if the call money is not paid by the stipulated deadline.

Operational Instructions

Payments must be made via Cheque or Demand Draft at Axis Bank Limited collection centers. Only payments from bank accounts matching the shareholder's demat account name will be accepted; third-party payments are rejected. Cash, money orders, and postal orders are not accepted, and part payments are considered non-payment.

Context metrics (time-bound)

• Affected Shares: 3,92,088 partly paid-up rights equity shares.
• Call Amount Per Share: ₹65.50
• Payment Deadline: July 6, 2026
• Interest for delayed payment: 10.00% p.a.
• Interest calculation period for delayed payment: 192 days (Dec 12, 2025 - June 21, 2026)