Fusion Finance Ltd Approves Grant of 45,000 Stock Options Under ESOP 2023
Fusion Finance Ltd, which was formerly known as Fusion Micro Finance Limited, announced that its Nomination and Remuneration Committee approved a grant of stock options to eligible employees. The approval was granted through a resolution by circulation on Saturday, July 25, 2026, under the Fusion Employee Stock Option Plan 2023 (ESOP 2023).The company sanctioned the grant of 45,000 stock options as part of the ESOP 2023 plan. The scheme adheres to the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Details pertaining to the granted options and their terms are summarized below:
| Particulars | Details |
|---|---|
| Total Stock Options Granted | 45,000 |
| Exercise Price per Option | INR 216.48/- (Based on NSE closing price on July 24, 2026) |
| Vesting Schedule Start Date | Not before 1 year from the Grant Date |
| Maximum Exercise Period | 8 years from the date of vesting |
The company confirmed that the entire scheme is compliant with applicable SEBI regulations concerning share-based employee benefits.
As of the time of the grant, there were no options exercised, and no money was realized by the exercise of options.
FUSION Stock Price Movement
On Friday, Fusion Finance Limited shares slipped by 2.83% on the close, settling at ₹216.48 per share. The stock experienced significant trading volume during the session, with 481,999 shares accounted for in the market movement.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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