Fusion Micro Finance Ltd

Fusion Finance Ltd. has allotted 1,000,000 fully paid-up equity shares, each with a face value of Rs. 10, to the Fusion Employees Benefit Trust (ESOP Trust). This allotment, made on September 28, 2026, is in accordance with the Fusion Employee Stock Option Plan 2023 and follows Board approval from May 15, 2026. Post-allotment, the company's total issued shares stand at 163,082,277, and the paid-up share capital is Rs. 1,629,192,490. The newly issued shares will rank pari-passu with the existing equity shares of the company.

Fusion Finance Ltd announced the resignation of Ms. Priyanka Seth Wadhera from her position as Chief Strategy Officer and Senior Managerial Personnel. Her resignation is effective September 25, 2026, with her last working day scheduled for December 19, 2026. Ms. Wadhera stated her decision to explore new professional opportunities as the reason for her departure. The company has noted her resignation, and the details have been submitted to the Nomination and Remuneration Committee and the Board of Directors in compliance with SEBI LODR Regulations.

Fusion Finance Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain shut from October 1, 2026, until 48 hours after the declaration of the company's un-audited financial results for the quarter and half-year ending September 30, 2026. The specific date for the Board Meeting to approve these results will be communicated later. The company has also made this information available on its website.

Fusion Finance Ltd announced that its Board of Directors has accepted the resignation of Ms. Pooja Mehta as Chief Human Resource Officer (CHRO) effective September 15, 2026. Her last working day will be October 11, 2026. Concurrently, the Board approved the appointment of Ms. Chinmayi Trivedi as the new CHRO, also effective September 15, 2026. Ms. Trivedi brings over 20 years of HR experience from various financial services organizations.

Fusion Finance Ltd announced a change in its top human resources leadership. Ms. Pooja Mehta has resigned from her position as Chief Human Resource Officer (CHRO) and Senior Managerial Personnel, with her last working day being October 11, 2026. The Board of Directors accepted her resignation and expressed appreciation for her contributions. Concurrently, Ms. Chinmayi Trivedi has been appointed as the new CHRO and designated as Senior Managerial Personnel, effective September 15, 2026. Ms. Trivedi brings over 20 years of experience in HR leadership across various financial services organizations.

Fusion Finance Ltd has executed the sale of a stressed loan portfolio, with an outstanding value of ₹54.16 crores as of June 30, 2026, to an Asset Reconstruction Company (ARC). The transaction, completed on September 7, 2026, for a consideration of ₹35.20 crores, was conducted via bilateral sales in accordance with RBI's Non-Banking Financial Companies (Transfer and Distribution of Credit Risk) Directions, 2025. This move is expected to help the company clean up its balance sheet and improve its asset quality. The details of the sale are available on the company's website.

Fusion Finance Ltd has announced the receipt of trading approvals from BSE and NSE for 2,27,856 equity shares. These shares have been converted from partly paid to fully paid status following the Rights Issue First Call Money. The company had previously offered shareholders the opportunity to pay the call money on June 17, 2026. The newly fully paid shares will trade on both exchanges under ISIN INE139R01012, commencing Friday, September 04, 2026, and will rank pari-passu with existing equity shares. This development signifies the completion of the conversion process for these shares.

Fusion Finance Ltd has announced the record date for an interest payment on its secured, listed Non-Convertible Debentures (NCDs). The record date is set for September 14, 2026, with the due date for the debentures being September 29, 2026. The NCDs carry a coupon rate of 10.95% and interest is paid monthly. The principal amount for this payment is ₹1,39,50,000. This intimation is made in compliance with Regulation 60(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company has also made the information available on its website.

Fusion Finance Ltd has received an order from the Reserve Bank of India (RBI) imposing a monetary penalty of ₹2.70 lakh. The penalty is for non-compliance with the RBI Know Your Customer (KYC) Directions, specifically regarding the system for periodic review of risk categorisation of customer accounts. The violation pertains to the RBI inspection for FY 2024-25. The RBI has noted that the company has undertaken corrective action in May 2026 by implementing a framework for periodic review. Fusion Finance states that the penalty does not have any material impact on its financial position or operations. The company has also made the detailed disclosure available on its website.

Fusion Finance Ltd has issued a clarification regarding a news article published in The Economic Times concerning its strategy to reduce its microfinance share and increase larger retail loans. The company stated that the information in the article was based on an interaction with the publication following its Q1 FY27 financial results announcement. Key disclosures, including the introduction of 'Individual Loans' and target AUM of INR 10,000 crores, were previously communicated to stock exchanges on August 10, 2026. Fusion Finance confirmed it is not aware of any undisclosed information that could explain trading movements and asserted that the article had no material impact on its share price, attributing any price fluctuations to general market trends. The company reiterated its commitment to timely disclosure of material information.