GeeCee Ventures Limited — Important, 02-05-2025: General Updates

GeeCee Ventures has announced a board meeting to consider the financial results for the quarter and half-year. The company boosted its stake in NBFC-MFI Fusion Finance by acquiring 2.03 lakh partly paid shares for Rs. 1.46 Cr, lifting its holding to 2.68 lakh shares valued at Rs. 3.78 Cr. Fusion Finance, focused on rural women’s financial services, reported a FY24 turnover of Rs. 2,316.73 Cr and PAT of Rs. 505.29 Cr. This move strengthens GeeCee’s exposure to a high-growth financial services player.