Fusion Finance Limited — Others, 23-04-2025: Copy of Newspaper Publication

Fusion Finance Limited (formerly Fusion Micro Finance Limited) is initiating a rights issue of up to 61,058,392 partly paid-up equity shares at a price of ₹131 per share, amounting to ₹799.86 crores. The rights issue is offered to eligible shareholders in the ratio of 55 shares for every 91 fully paid shares held as of April 4, 2025. A corrigendum has been issued to the letter of offer to update details regarding two promoters' intentions to partially subscribe to their rights entitlements.

This capital raise aims to enhance liquidity and support growth strategies, reinforcing the company’s financial position. Investor sentiment may experience a positive outlook as the rights issue indicates management's proactive approach to capital structuring, although the reduction in share value from dilution poses a potential risk for existing shareholders.