Fusion Finance Allots ₹150 Crore in Secured NCDs with 10.95% Coupon
Fusion Finance Limited approved the allotment of 15,000 senior, secured, non-convertible debentures aggregating ₹150 crore. The NCDs carry a 10.95% annual coupon, payable monthly, with a 30-month tenure maturing on June 29, 2028. The issuance includes a ₹50 crore green shoe option and was done via private placement.
The issuance of ₹150 crore in NCDs represents a significant fundraising amount for the company, which could impact its capital structure and financial leverage. The secured nature and interest rate provide specific financial implications.
The announcement details the allotment of NCDs, which is a standard debt fundraising activity. While it provides specific financial details, it does not inherently signal a significant positive or negative change in the company's immediate outlook.
Fusion Finance Limited announced the outcome of its Working Committee meeting held on December 29, 2025. The committee approved the allotment of 15,000 senior, secured, rated, listed, redeemable, transferable, and taxable non-convertible debentures (NCDs). Each debenture has a face value of ₹1,00,000, aggregating to a total nominal value of up to ₹150 crore. This issuance includes a green shoe option of up to ₹50 crore and was conducted on a private placement basis for cash, at par.
The meeting commenced at 02:00 PM IST and concluded at 02:35 PM IST on December 29, 2025. The NCDs carry an annual coupon rate of 10.95%, payable monthly, with a tenure of 30 months from the deemed date of allotment. The maturity date for these debentures is June 29, 2028. The NCDs are secured by a first-ranking charge on the company's identified receivables and book debts, in favor of Catalyst Trusteeship Limited.
This private placement issuance is a key part of the company's fundraising strategy. The debentures are proposed to be listed on the wholesale debt market segment of BSE Limited. The company also referenced prior letters dated December 23, 2025, and November 04, 2025, in relation to this issuance.
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Fusion Finance Limited filed this with the NSE as a statutory disclosure, categorised under equity fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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