Fusion Finance Share price

Our Company was originally incorporated as Ambience Fincap Private Limited on September 5 1994 at New Delhi India as a private limited company under the Companies Act 1956 as amended. On January 9 2003 the RBI granted a certificate of registration bearing registration no. B-14.02857 to our Company for the registration of our Company as a non-deposit accepting non-banking financial company (“NBFC”) under Section 45IA of the Reserve Bank of India Act 1934. Subsequently the name of our Company was changed to ‘Fusion Micro Finance Private Limited’ and a fresh certificate of incorporation dated April 19 2010 was issued by the RoC to describe the business of the Company post which the RBI granted a certificate of registration dated May 19 2010 reflecting the change of name. Our Company was granted NBFC – Microfinance Institution (“NBFC-MFI”) status by the RBI with effect from January 28 2014 and a modified certificate of registration bearing registration no. B-14.02857 was issued by the RBI to this effect.The name of our Company was further changed to Fusion Micro Finance Limited upon conversion to a public limited company and a fresh certificate of incorporation was issued by the RoC on July 20 2021 post which a fresh certificate of registration as an NBFC (not accepting public deposits) dated October 1 2021 was issued by the RBI reflecting the change in name of our Company.Major events and milestones1994The Company was incorporated as Ambience Fincap Private Limited2010-Started operating under the brand name ‘Fusion’-First investment by RIF North 2 in our Company2013First investment by NMI Frontier Fund and the other foreign shareholder of the Company at that time2014Issuance of first Listed Non-Convertible Debentures2015-Expanded operation in up to five states-First investment by Oikocredit Ecumenical Development Cooperative Society U.A. and Belgian Investment Company in our Company2016First investment by Creation I and Global Impact Funds S.C.A. SICAR and certain existing shareholders in our Company2017Achieved AUM of over INR 1000 Crore2018-Expanded operations up to 18 states-First investment by Honey Rose which is directly owned by certain private equity funds managed by Warburg Pincus LLC and follow-on round by Creation I in our Company-Issuance of market-linked debentures2019Follow-on round from Honey Rose which is directly owned by certain private equity funds managed by Warburg Pincus LLC and Creation II2021Reached 2200000 active loan clients through 725 branches across 18 states