Cyril Amarchand Mangaldas (CAM) advised Fusion Finance Ltd on its rights issue of partly paid-up equity shares. The deal size was ₹ 8,000 million approx. The rights issue was subscribed 1.5 times. IIFL Capital Services was the lead manager to this deal.
The Firm also advised the promoters of Fusion Finance, Warburg Pincus, and Creation Investments regarding their participation in the rights issue. The partly paid-up equity shares issued pursuant to the rights issue commenced trading on BSE and NSE on May 12, 2025.
The transaction team included Vishal Yaduvanshi, Abhyuday Bhotika, Mihir Mathur, Rajshree Agarwal, Nimisha Sharma, Kaartikay Agarwal, and Sanskar Modi. Additionally, Vasudha Goenka, and Navjot Chhabra advised on certain aspects of securities laws.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.