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Fusion Finance Limited Receives Promoter Reclassification Requests from Shareholders Holding 2.80% Stake

Fusion Finance Limited Receives Promoter Reclassification Requests from Shareholders Holding 2.80% Stake

Fusion Finance Limited received reclassification requests from three promoter group shareholders on February 21, 2026, seeking to change their status from 'Promoter and Promoter Group' to 'Public' category. The requesting entities hold a combined 45,34,863 shares (2.80% of total equity), led by Mr. Devesh Sachdev with 44,24,363 shares (2.73%). The reclassification requires Board, shareholder, and stock exchange approvals under SEBI regulations, with the Board set to consider these requests in its next meeting.

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