Rights Issue15 May 2026, 09:51 pm
Fusion Finance: Monitoring Agency Report for Mar 31, 2026
AI Summary
Fusion Finance Ltd's Monitoring Agency Report for the quarter ended March 31, 2026, issued by CRISIL Ratings Limited, indicates no deviation from the objects of the Rights Issue. The report, compliant with SEBI regulations, was reviewed by the Audit Committee on May 15, 2026, and is available on the company's website. The report confirms that the monitoring agency does not perceive any conflict of interest while monitoring the utilization of the issue proceeds.
Key Highlights
- CRISIL Ratings Limited issued a Monitoring Agency Report for Fusion Finance.
- The report indicates no deviation from the objects of the Rights Issue.
- The Audit Committee reviewed the report on May 15, 2026.
- Gross proceeds of the Fresh Issue were ₹799.86 crore.
- Net Proceeds after issue expenses were ₹783.34 crore.
Price Impact
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