Fusion Micro Finance Ltd

Fusion Finance Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain closed from July 1, 2026, until 48 hours after the declaration of the company's Un-Audited Financial Results for the quarter ending June 30, 2026. The date for the board meeting to approve these results will be communicated separately. The company has also made this intimation available on its website.

Fusion Finance Ltd announced the grant of 25,000 stock options to eligible employees under its ESOP 2023 plan. The options were approved by the Nomination and Remuneration Committee on June 24, 2026. The exercise price is set at ₹176.77 per option, based on the closing price of June 23, 2026. Vesting will occur not before one year from the grant date, with an exercise period of eight years post-vesting. The company confirmed compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Fusion Finance Ltd has issued a second reminder and forfeiture notice for the first and final call money on 3,92,088 partly paid-up equity shares. These shares were issued on a rights basis on March 29, 2025. The call amount is Rs. 65.50 per share (Rs. 5 face value, Rs. 60.50 premium), plus interest at 10% per annum for the delayed period. Shareholders have until July 6, 2026, to make the payment, after which their shares may be forfeited. This action follows previous reminders dated February 11 and April 24, 2026.

Fusion Finance Ltd has received a favorable order from the Income Tax Appellate Tribunal (ITAT), New Delhi, dismissing appeals filed by the Income Tax Officer (ITO). The appeals pertained to alleged non-deduction/lower deduction of tax on interest payments to foreign NCD holders. The ITAT's order dismisses a total demand of ₹16,62,03,454 for AY 2020-21 and ₹11,18,43,066 for AY 2021-22, totaling ₹27.80 crore. The company stated there is no impact on its financials or operations. The company became aware of the order through a routine review of the ITAT website.

Ms. Ratna Dharashree Vishwanathan (DIN: 07278291) completed her tenure as an Independent Director of Fusion Finance Ltd on May 23, 2026, after serving two terms since 2018. The Board acknowledged her contributions. Details of the completion of tenure are available on the company's website and as annexures to the filing.

Fusion Finance Ltd has granted 150,000 stock options to eligible employees under its ESOP 2023 plan. The grant was approved by the Nomination and Remuneration Committee on May 15, 2026. The exercise price is ₹203.95 per option, based on the closing price on the National Stock Exchange of India Limited on May 14, 2026. The options vest after 1 year and can be exercised within 8 years from vesting.

Fusion Finance Ltd reported its financial results for Q4 and FY ended March 31, 2026. The company's AUM grew to ₹7,407 crore, with gross NPA declining to 3.21%. Net Interest Margin (NIM) for Q4 FY26 expanded to 11.44%, and the average collection efficiency stood at 99.66%. The company reported a Profit After Tax (PAT) of ₹114.19 crore in Q4 FY26, including a deferred tax asset recognition of ₹76.78 crore, leading to a full-year profitability of ₹13.9 Crore. The CRAR was healthy at 36.46%.

Fusion Finance Ltd's board approved the amended code of practices and procedures for fair disclosure of unpublished price sensitive information, as per Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The updated code is available on the company's website.

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.

Fusion Finance Ltd reports no deviation or variation in the use of proceeds from its Rights Issue of equity shares for the quarter ended March 31, 2026, as per Regulation 32 of SEBI guidelines. The funds raised, totaling ₹799.86 Crores (with ₹797.29 Crores received), were intended to augment the company's capital base. As of March 31, 2026, ₹382.41 Crores has been utilized towards this purpose. The Audit Committee reviewed and approved the statement on May 15, 2026. CRISIL Ratings Limited is the monitoring agency.