The company said the additional capital will be used to strengthen its balance sheet, enabling it to seize emerging opportunities and continue delivering long-term value to stakeholders.
In a filing with the stock exchanges, Fusion Finance said the rights issue—launched on April 15, 2025—received robust backing from institutional shareholders, reaffirming investor confidence in the company’s growth trajectory and business fundamentals.
Shares of the Delhi-based non-banking finance company surged 8.37% intraday on Monday to ₹166.
The rights issue comprised up to 6.11 crore partially paid-up equity shares at ₹131 per share (including a ₹121 premium), aggregating to ₹799.86 crore. Proceeds will be used to bolster the company’s capital adequacy, further strengthening its position in India’s competitive microfinance sector, the company said in a May 12 exchange filing.
