Fusion Finance LimitedFUSIONNSE
INTIMATION OF APPROVAL BY THE RIGHTS ISSUE COMMITTEE FOR ISSUANCE OF FIRST & FINALREMINDER CUM FORFEITURE…
As filed · INTIMATION OF APPROVAL BY THE RIGHTS ISSUE COMMITTEE FOR ISSUANCE OF FIRST & FINALREMINDER CUM FORFEITURE NOTICE.
CapitalWatchNotablemateriality 72 out of 100
What happened
FactINTIMATION OF APPROVAL BY THE RIGHTS ISSUE COMMITTEE FOR ISSUANCE OF FIRST & FINALREMINDER CUM FORFEITURE NOTICE. that the Company has received an amount of Rs. 395.30 Crores, representing approximately 99% of the. total amount called on the First and Final Call of the Rights Issue of the Company, this is to inform you that.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
Watch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
Evidence
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%