Fusion Finance Issues Final Reminder for Call Money Payment, Warns of Share Forfeiture
Fusion Finance Limited issued a final reminder for the first and final call money on 7,06,503 partly paid-up equity shares. The payment of ₹65.50 per share plus interest is due between February 16 and March 2, 2026. Failure to pay will lead to forfeiture of shares.
This affects a specific set of shareholders who hold partly paid-up shares and could lead to forfeiture, impacting their investment and the company's shareholder base. However, it does not directly impact the overall business operations or financial health immediately.
The announcement details a final reminder for call money payment with a warning of share forfeiture for non-compliance, indicating a negative situation for the affected shareholders.
Fusion Finance Limited has issued a First and Final Reminder-cum-Forfeiture Notice to holders of 7,06,503 partly paid-up equity shares regarding the outstanding first and final call amount. The payment of ₹65.50 per share, which includes ₹5.00 towards face value and ₹60.50 towards premium, along with interest at 10% per annum for the delayed period, is due.
The payment period for this first and final call money is from February 16, 2026, to March 02, 2026, inclusive. The company has dispatched the notice to concerned shareholders on February 11, 2026. Failure to make the payment by the due date of March 02, 2026, will result in the forfeiture of the partly paid-up equity shares, including any amounts already paid, as per the company's Articles of Association and the Letter of Offer.
Detailed instructions for payment, including acceptable modes and locations for depositing cheques or demand drafts with Axis Bank Limited, have been provided. Shareholders can also find the notice and payment slip on the company's website (www.fusionfin.com) and the Registrar and Transfer Agent's website (www.in.mpms.mufg.com). Queries can be addressed to +91 81081 14949 or fusionfinance.callmoney@in.mpms.mufg.com.
What to do with a filing like this
Fusion Finance Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. 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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See the model portfoliosA plain-language summary of a public exchange filing by Fusion Finance Limited. Read the original for the full detail.