Cyril Amarchand Mangaldas advised Fusion Finance on its ₹8,000 million rights issue of partly paid-up equity shares, which was oversubscribed 1.5 times. IIFL Capital Services acted as the lead manager for the deal. The firm also advised Fusion Finance’s promoters, Warburg Pincus, and Creation Investments, regarding their participation in the rights issue, with trading commencing on May 12, 2025.