Fusion Finance Gets NSE/BSE Nod for Promoter Reclassification

Fusion Finance Ltd has received 'No-Objection' letters from both NSE and BSE for the reclassification of 21 entities from 'Promoter & Promoter Group' to 'Public' shareholders. This follows applications made under Regulation 31A of SEBI (LODR) Regulations. The reclassified entities collectively held 1.77% of the company's shares as of June 30, 2026. Key individuals like Mr. Devesh Sachdev and Ms. Mini Sachdev are among those reclassified. The company will now seek shareholder approval for this change. Notably, other promoter entities, including Honey Rose Investments Ltd, will continue to hold majority shareholding and remain classified as promoters.