Fusion Finance Limited — Important, 29-12-2025: Committee Meeting Updates
29-12-2025 | 02:47 pm
29-12-2025 | 02:47 pm
Fusion Finance Limited's Working Committee has approved the allotment of 15,000 Non-Convertible Debentures (NCDs) through a private placement, raising up to Rs. 150 Cr. Each debenture carries a face value of Rs. 1 lakh. These NCDs are senior, secured, rated, and will be listed on the BSE wholesale debt market. They offer a 10.95% annual interest, paid monthly, over a 30-month tenure. The debentures are secured by a first charge over identified receivables. This move provides crucial capital infusion, strengthening the company's funding for its operations.
No comments yet. Be the first to comment!
