Material Documents

Material Documents

Certified copies of the Memorandum of Association and Articles of Association of our Company as amended from time to time
AOA Signed
MOA Signed
Our certificates of incorporation dated September 5, 1994, April 19, 2010 and July 20, 2021 consequent to change of our name
Certificates of Incorporation
Resolutions of the Board of Directors each dated July 25, 2021 authorising the Offer and noting the Fresh Issue.
BR dated July 25, 2021 authorising Offer and noting Fresh Issue
Resolution of the Shareholders dated July 27, 2021 under section 62(1)(c) of the Companies Act, 2013 authorising the Offer
BR dated July 27, 2021 authorising the Offer
Resolution of our Board dated August 1, 2021 taking on record the Offer for Sale.
BR dated August 1, 2021 taking on record the Offer for Sale
Resolution of the Board of Directors dated October 25, 2022, approving this Red Herring Prospectus.
BR_Adoption of RHP
Resolution of the board of directors of Honey Rose Investment Ltd dated July 28, 2021 authorising the Offer for Sale and their consent letter dated July 28, 2021 and October 14, 2022, in this regard.
BR_Honey Rose Investment
Consent_July 28, 2021
Consent_October 14, 2022
Resolution of the board of directors of Creation Investments Fusion, LLC dated July 28, 2021 authorising the Offer for Sale and their consent letter dated July 28, 2021, and October 14, 2022 in this regard.
Consent_July 28, 2021
Consent_October 14, 2022
Project Arjun – Board Resolution – Creation
Resolution of the board of directors of Oikocredit Ecumenical Development Cooperative Society U.A. dated June 14, 2021 authorising the Offer for Sale and their consent letter dated July 30, 2021 in this regard.
Board Resolution
Consent_July 30, 2021
Resolution of the board of directors of Global Impact Funds, S.C.A., SICAR dated July 15, 2021 authorising the Offer for Sale and their consent letter dated July 28, 2021 and October 14, 2022 in this regard
Board Resolution
GAWA Consent_July 28, 2021
GAWA Consent_October 14, 2022
Consent dated July 31, 2021, and October 14, 2022 by Devesh Sachdev authorising the Offer for Sale.
Consent_July 31, 2021
Consent_October 14, 2022
Consent dated July 31, 2021 and October 14, 2022 by Mini Sachdev authorising the Offer for Sale.
Consent_July 31, 2021
Consent_October 14, 2022
Shareholders’ agreement dated September 10, 2018, entered into amongst Devesh Sachdev, Honey Rose Investment Ltd, Creation Investments Fusion LLC, Creation Investments Fusion II, LLC, Global Impact Funds, S.C.A., SICAR, Oikocredit Ecumenical Development Cooperative Society U.A., Mini Sachdev, Fusion Employee Benefit Trust, Gaurav Sirohi, Sandeep Kumar Sharma, Rahul Jain, Ramesh Chaubey, Atul Sharma, Gajendra Pratap Singh and our Company (together, the “SHA Parties”), as amended by amendment agreements dated December 17, 2019, July 31, 2021 and October 14, 2022 each entered into amongst the SHA Parties
SHA_December 17, 2019
SHA_July 31, 2021
SHA_October 14, 2022
SHA_September 10, 2018
Agreement dated June 4, 2016 among NSDL, our Company and the Registrar to the Offer.
Tripartite agreement NSDL
Agreement dated July 8, 2016 among CDSL, our Company and the Registrar to the Offer.
Tripartite agreement with CDSL
Copies of auditor’s reports of our Company in respect of our audited financial statements for Fiscal Years 2022, 2021, 2020 and three months period ended June 30, 2022 and June 30, 2021
Auditors Report_June 2021
Auditors Report_June 2022
Auditors Report_March 2020
Auditors Report_March 2021
Auditors Report_March 2022
Copies of annual reports of our Company for Fiscal Years 2022, 2021, and 2020.
Annual Report 19-20
Annual Report 20-21
Annual Report 21-22
Examination report of our Statutory Auditor dated October 3, 2022, on the Restated Financial Statements included in this Red Herring Prospectus.
Examination Report
Report on Statement of Special Tax Benefits from our Statutory Auditor, dated October 14, 2022.
SOTB Certificate
Industry report titled Industry Report on Microfinance (October 2022), prepared by CRISIL.
Industry Report – CRISIL
Written consent dated from M/s. Deloitt Haskins & Sells, Chartered Accountants, to include their name as required under section 26 (1) of the Companies Act, 2013 read with SEBI ICDR Regulations, in this RHP, and as an “expert” as defined under section 2(38) of the Companies Act, 2013 to the extent and in their capacity as our Statutory Auditor, and in respect of their (i) examination report, dated October 3, 2022 on our Restated Financial Statements; and (ii) their report dated October 14, 2022 on the Statement of Special Tax Benefits in this RHP and such consent has not been withdrawn as on the date of this RHP. However, the term “expert” and consent thereof shall not be construed to mean an “expert” or consent as defined under the U.S. Securities Act.
DHS Consent letter
Consents of the Selling Shareholders, Bankers to our Company, the BRLMs, Syndicate Members, Registrar to the Offer, Escrow Collection Bank(s), Sponsor Bank, Directors of our Company, Company Secretary and Compliance Officer for the Offer, Chief Financial Officer, Public Offer Account Bank(s), CRISIL, legal counsel, Refund Bank(s) as referred to, in their respective capacities.

Directors’ Consent
Director’s Consent – Devesh Sachdev
Director’s Consent – Namrata Kaul
Directors Consent – Pankaj Vaish
Directors Consent – Ratna Vishwanathan
Consent of Bankers to the Company
Consent Letter (BTI & Sponsor) – Axis Bank Limited

Consent of BRLMs
CLSA ICICI Securities
IIFL Securities
JM Financial
Consent of Legal Counsel
Project Arjun – CAM Consent Letter_Creation 1
Project Arjun – CAM Consent Letter_Global Impact Fund 4
Project Arjun – CAM Consent Letter_Honey Rose 3
Project Arjun – CAM Consent Letter_Oikocredit.doc 2
Indus Law
Shardul Amarchand Mangaldas
SIDLEY

Consent of Sponsor Banks
Consent Letter (BTI & Sponsor) – Axis Bank Limited
Consent Letter (Sponsor) – HDFC Bank Limited

Consent of Syndicate members
Fusion Micro Arjun Consent
SEBI registration certificate NEW
Consents of Selling shareholders
Consent_July 28, 2021
Consent_October 14, 2022
Consent_July 31, 2021
Consent_October 14, 2022
GAWA Consent_July 28, 2021
GAWA Consent_October 14, 2022
Consent_July 28, 2021
Consent_October 14, 2022
Consent_July 31, 2021
Consent_October 14, 2022
Consent_July 30, 2021
Consent Letter – CRISIL
Consent Letter – Monitoring Agency
Consent of CFO
Consent of CS
Consent of Escrow Collection Bank
Consent of Public Offer Account Bank
Consent of Refund Bank
Consent of RTA
In-principle listing approvals dated September 3, 2021, and September 7, 2021 received from NSE and the BSE, respectively.
BSE In Principle Approval
NSE In Principle Approval
Due diligence certificate dated August 8, 2021 to SEBI from the BRLMs.
Due diligence certificate dated August 8, 2021 from BRLM to SEBI
SEBI observation letter August 30, 2021, and our in-seriatim reply to the same dated September 6, 2021.
In-seriatim reply dated September 6, 2021
SEBI Observation letter dated August 30, 2021
SEBI final observation letter dated November 16, 2021, 2021, and our reply to the same dated October 452 15, 2022.
Reply letter dated October 15, 2022
SEBI final observation letter dated November 16, 2021
Comments from RBI inspection report – attached for last inspection for FY 2018-19.
RBI Inspection Report – 2018-19
Application dated October 17, 2022, by our Company seeking exemption under Regulation 300(1)(c) of the SEBI ICDR Regulations and SEBI letter no. SEBI/HO/CFD/RAC-DIL2/P/OW/2022/53434/1 dated October 19, 2022, granting the exemption.
Project Arjun – Cover Letter – Exemption Application (171022)
SEBI Approval on Exemption

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