Fusion Finance Gets Trading Approval for 2.27 Lakh Shares Post Rights Issue Call
Fusion Finance Limited received trading approval for 2,27,856 equity shares converted from partly paid to fully paid status following its Rights Issue First Call Money. Trading begins on NSE and BSE from September 04, 2026.
The trading approval for shares from a rights issue is a positive development that will increase the company's free float and potentially liquidity. However, it does not represent a new business initiative or significant financial event.
The company has received trading approval for a significant number of shares, indicating progress in its rights issue process and enhancing liquidity for these shares.
Fusion Finance Limited has announced the receipt of trading approval from both BSE Limited and the National Stock Exchange of India Limited for 2,27,856 equity shares. These shares have been converted from partly paid-up to fully paid-up status.
The approval pertains to the First Call Money for the Rights Issue, for which shareholders were given an opportunity to make payments via a notice dated June 17, 2026. The newly approved shares will rank pari-passu with the existing equity shares of the company.
Trading for these shares is set to commence on both NSE and BSE under ISIN INE139R01012, effective Friday, September 04, 2026. Further details are available on the company's website, www.fusionfin.com.
A plain-language summary of a public exchange filing by Fusion Finance Limited. Read the original for the full detail.