Fusion Finance Ltd ( (IN:FUSION) ) just unveiled an announcement.
Fusion Finance Limited has announced the approval of the allotment of 6,10,58,392 partly paid-up equity shares at a price of Rs. 131 per share as part of its rights issue. This move is part of the company’s strategy to raise capital, with the balance amount payable in subsequent calls, and is expected to enhance the company’s equity share capital significantly, impacting its market positioning and providing additional resources for growth.
More about Fusion Finance Ltd
Fusion Finance Limited, formerly known as Fusion Micro Finance Limited, operates in the financial services industry, focusing on providing microfinance solutions to its clients. The company is involved in offering equity shares and other financial products to its stakeholders.
YTD Price Performance: -8.29%
Average Trading Volume: 60,728
Current Market Cap: 26.36B INR
See more data about FUSION stock on TipRanks’ Stock Analysis page.