The company has announced a significant leadership update involving the appointment of a new Chief Financial Officer (CFO) and the resignation of the Interim CFO. On January 17, 2026, the Board of Directors approved the appointment of a new CFO, as communicated to the National Stock Exchange of India and BSE Limited. Simultaneously, the Interim CFO tendered a resignation effective January 17, 2026, confirming that the transition is part of the planned leadership update with no other underlying reasons for the departure.

Fusion Finance Limited, formerly known as Fusion Micro Finance Limited, is a systemically important non-deposit taking Non-Banking Financial Company (NBFC) primarily engaged in microfinance lending. Founded in 2010, the company specializes in providing Joint Liability Group (JLG) loans to female entrepreneurs in rural and semi-urban areas of India. In early 2025, the company celebrated its 15th anniversary, marking its growth into a values-driven institution that has touched the lives of millions by bringing formal financial access to unserved communities.

Throughout 2025, Fusion Finance navigated a challenging industry credit cycle, implementing disciplined underwriting practices and tighter operational guardrails to ensure a resilient portfolio. A major milestone in 2025 was the successful completion of an ₹800 crore Rights Issue, which was oversubscribed by 1.5x, significantly strengthening the company’s capital base. Recent leadership changes include the appointment of Mr. Sanjay Garyali as CEO, effective March 17, 2025, while the founder, Mr. Devesh Sachdev, transitioned to the role of Managing Director. The company continues to expand its reach, operating over 1,545 branches across 22 states and Union Territories as of late 2025.

For the quarter ended September 30, 2025 (Q2 FY26), Fusion Finance reported a total income of ₹432.69 Crore, reflecting a marginal decline of 2.89% from ₹445.57 Crore in the previous quarter. Despite this, the company significantly narrowed its net loss to ₹22.14 Crore in Q2 FY26 from a loss of ₹92.25 Crore in Q1 FY26, representing a 76% improvement on a quarterly basis. The company’s shareholding pattern as of September 2025 shows strong institutional backing, with famous investors including Warburg Pincus (via Honey Rose Investment Ltd holding 35.20%) and Creation Investments. Other notable institutional investors include HDFC Mutual Fund, ICICI Prudential, and Nippon Life India.