NSENews Verification13 Aug 2026 · 13 Aug 2026, 10:43 am
News Verification
Fusion Finance Limited · FUSION
✦ AI SummaryRegulatory
Fusion Finance Limited clarifies recent news article 'Fusion Finance aims to cut microfin share, offer larger retail loans' stating that the information was already disclosed to the stock exchanges prior to the article's publication. The company assures that no material impact on the price of its equity shares was observed due to the article.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment5/10
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Full Announcement
The Exchange has sought clarification from Fusion Finance Limited with respect to recent news item captioned Fusion Finance aims to cut microfin share, offer larger retail loans. The response from the Company is attached.
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FUSIONHO_13082026104312_NSERESPONSE13082026.pdf
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Date: 13.08.2026
Letter No. FFL/SEC/2026-27/SE-69
The Manager
Listing Department
National Stock Exchange of India Limited
Exchange Plaza, C/1, G Block,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051
Symbol: FUSION
Sub: Clarification on news item appearing in Economic Times dated August 12, 2026
Ref.: NSE Letter No. NSE/CM/Surveillance/17355 dated August 12, 2026
Dear Sir/Madam,
This is with reference to the captioned subject, regarding seeking clarification on the news article
namely “Fusion Finance aims to cut microfin share, offer larger retail loans”, published on
www.economictimes.com on August 12, 2026.
In this regard, please find the clarification letter as enclosed as “Annexure-A”
The copy of this letter is also available on the website of the Company i.e. www.fusionfin.com.
You are requested to take the same on your record.
Thanking you,
For Fusion Finance Limited
Vikrant Sadana
Company Secretary & Compliance Officer
Place: Gurugram
Enc.: a/a
Annexure-A
a) Whether such negotiations/events were taking place? If so, you are advised to
provide the said information along with the sequence of events in chronological
order from the start of negotiations/events till date.
The news article titled "Fusion Finance aims to cut microfin share, offer larger retail
loans" published in The Economic Times on 11th August 2026 (online edition) and on
12th August, 2026 (print edition), is based on an interaction between Mr. Sanjay
Garyali, Managing Director and Chief Executive Officer of Fusion Finance Limited, and
the publication, held after the Company announced its unaudited financial results for
the quarter ended 30 June 2026 (Q1 FY27).
The chronology of events, as required by the Exchange, is set out below. Broadcast
times are as reflected on the NSE website.
• 10-Aug-2026 17:17:05: Outcome of the board meeting intimated to the
National Stock Exchange which inter-alia included the information about
Individual Loans stating that “the Board of Directors of the company has
approved the introduction of ‘Individual Loans’ as a new lending product to be
offered to customers”
• 10-Aug-2026 17:19:47: Investor presentation uploaded on the National Stock
Exchange
• 10-Aug-2026 17:33:00: Press Release uploaded on the stock exchanges
• 10-Aug-2026 18:00:00 to 19:03:00 – Earnings Conference Call conducted by
the company inter-alia, included the discussions around individual loans,
current ROA of 3% (as of June 2026), target of INR10,000 crores of AUM.
• 10-Aug-2026, 21:26:09: Audio Recording of Earnings Conference Call on the
Standalone Un-audited Financial Results for the Quarter ended June 30, 2026.
• 11-Aug-2026 ~11:00 to 11.30 AM: Media interaction with The Economic Times
The interaction reflected and elaborated upon the Company's business strategy, which
had already been disclosed to the Stock Exchanges through the intimations referenced
above. In particular, the individual loan product referenced in the headline as well as
the body of the article was disclosed in the Investor Presentation filed on 10 August
2026. Here’s the relevant excerpt from the investor presentation (Page 9 of the PDF)
b) Whether you/company are aware of any information that has not been
announced to the Exchanges which could explain the movement in the trading,
if any? Further, you are advised to provide the said information and the reasons
for not disclosing the same to the Exchange earlier as required under regulation
30 of the SEBI (LODR) Regulations, 2015.
We are not aware of any information that has not been announced to the Exchanges
which could explain the movement in the trading
The information is aligned with the disclosures made by the company and the
discussion in the company’s Q1FY27 earnings conference call, the audio of which is
available at the following link:
https://fusionfin.com/wp-content/uploads/2026/08/Audio-Recording-of-Q1-of-FY2026-
27-of-Earning-Conference-Call_10.08.2026.mp3
The audio recording was also intimated to the NSE in our filing dated 10.08.2026
https://nsearchives.nseindia.com/corporate/FUSIONHO_10082026212404_Intimatio
nAudioRecordingEarningConferenceCall_10Aug2026.pdf
c) The material impact of this article on the Company
The information covered in the article had already been made available in the public
domain through the Company’s aforesaid disclosures disseminated on the stock
exchanges prior to publication of the subjected news article. Accordingly, the Company
would like to clarify that no material impact of the referred article has been observed
on the price of its equity shares. Any movement in the Company's share price during
August 11, 2026 and August 12, 2026 was in consonance with the general market
trend and overall market momentum.
We would like to reiterate that the Company ensures that all material information and
events requiring disclosure under the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, are duly intimated to the Stock Exchanges within
the prescribed timelines. The Company further confirms that there was no material
information or event requiring disclosure that remained undisclosed to the Stock
Exchanges.
Save as stated above, the Company is not aware of any information, event, or
circumstance that may have resulted in the movement in the trading volume and/or
share price of the Company's equity shares.