Fusion Finance: No Deviation in Rights Issue Fund Utilization

Fusion Finance Ltd has reported no deviation or variation in the utilization of proceeds from its Rights Issue of equity shares for the quarter ended September 30, 2026. The total funds raised were INR 798.79 Crores. The net proceeds were primarily used for augmenting the company's capital base to meet future requirements, with minor expenses for issue costs. The statement, reviewed by the Audit Committee, confirms adherence to the objects stated in the Letter of Offer dated March 29, 2025. A small unutilized balance from issue expenses has been reallocated to the capital base augmentation objective.