Fusion CX544995New investment
Lender role: loan agreement with UK wholly owned subsidiary up to USD 2,300,000 at 8.5% p.a
Fusion CX Ltd has given an inter-corporate term loan of up to USD 2,300,000 to its UK-based wholly owned subsidiary Fusion BPO Services Ltd at 8.5% p.a. for 3 (three) years.
By ScoutQuest · · 2 min read
100%Company's stake in the borrower
- Loan Amount (up to)
- USD 2,300,000
- Rate of Interest
- 8.5% p.a.
- Tenure
- 3 (three) years from the date of disbursal
What was announced
- Fusion CX Ltd has entered into a loan agreement dated October 28, 2026, in the role of lender, with Fusion BPO Services Ltd, a UK-based wholly owned subsidiary (WOS), as the borrower.
- The purpose stated is an inter-corporate term loan owing to business requirements.
Key terms of the loan
- Size of the agreement: up to USD 2,300,000 (US Dollars Two Million Three Hundred Thousand Only).
- Rate of interest: 8.5% p.a.
- Tenure: 3 (three) years from the date of disbursal.
- Nature of loan: unsecured loan. Amount of loan outstanding as on the date of disclosure – Nil.
- No shares are being issued in this transaction; issue of shares is marked not applicable.
Who the borrower is
- Fusion BPO Services Ltd is a UK-based wholly owned subsidiary; the Company holds 100% stake in the borrower.
- Mr. Pankaj Dhanuka, Chairman and Managing Director, CEO, and Mr. Kishore Saraogi, Managing Director and COO, are common directors in the Company and the WOS, so the borrower is a related party.
- The transaction is stated to be at arm's length basis.
How to read this
- The company is lending money downwards, to a business it fully owns, rather than raising money. The interest of 8.5% p.a. is receivable by the listed entity over the 3 (three) years, which is the commercial return on the loan.
- Because the borrower is a wholly owned subsidiary, the cash and the obligation stay inside the group; the loan is unsecured, which is a term investors can weigh.
- The disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the SEBI circular dated 13 July 2023 referenced in the covering letter.
- The entries for any other disclosures (nominee on the board, potential conflict of interest) are marked Nil.
Also from Fusion CX
Company Secretary continues as Compliance Officer, also to oversee Insider Trading Code
22 Oct 2026
KFin Technologies appointed Registrar and Share Transfer Agent
22 Oct 2026
Intimation of Fair Disclosure Code for unpublished price sensitive information
22 Oct 2026
More numbers
- Size of the loan agreementUp to USD 2,300,000
- Rate of interest on the loan8.5% p.a.
- Tenure of the loan3 (three) years
- Company's stake in the borrower100%
- Loan amount outstanding as on date of disclosureNil
Source: BSE · 28 Oct 2026
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