Fusion Klassroom Edutech Limited

Fusion Klassroom Edutech Limited has utilized only Rs 4.70 Crore of the Rs 25.37 Crore raised through a public issue as of September 30, 2026, according to a monitoring agency report by Brickwork Ratings India Private Limited. The report, verified by R. S. Gokani & Co., highlights significant delays in implementing key objectives, including technology development, content creation, and marketing initiatives. While Rs 0.69 Crore has been allocated to general corporate purposes and Rs 4.01 Crore spent on issue expenses, substantial funds remain unutilized, totaling Rs 20.67 Crore, and are held in a public issue account, monitoring agency account, and fixed deposits. The company is also required to reimburse Rs 0.81 Crore for Goods and Services Tax expenses from internal accruals in the next quarter.

Fusion Klassroom Edutech Limited utilized Rs 143.78 crore of the Rs 165 crore raised through a public issue as of September 30, 2026, according to a report by monitoring agency Brickwork Ratings India Private Limited (BWR). The funds were intended for expansion of educational infrastructure, technology upgradation, working capital needs, and general corporate purposes. Specifically, Rs 60 crore was allocated for infrastructure expansion, Rs 40 crore for technology, Rs 30 crore for working capital, and Rs 35 crore for general corporate purposes. An unutilized amount of Rs 21.22 crore remains, and the report’s findings are based on information from company management, statutory auditors R.S. Gokani & Co., and bank statements.

Fusion Klassroom Edutech Limited, formerly Fusion Klassroom Edutech Private Limited, will hold a board meeting on Thursday, 29 October 2026, to approve the unaudited financial results for the half year ended 30 September 2026, according to a regulatory filing with the BSE Limited. The trading window for designated persons and their immediate relatives will be closed until the closure of trading hours on 02 November 2026.

Fusion Klassroom Edutech Limited has received a work order valued at approximately Rs 9.10 crore, excluding GST, from a domestic company based in Lucknow for educational content licensing and content development. The engagement, which commenced on October 26, 2026, encompasses the licensing of e-notes, e-books, and e-learning content, alongside content development across educational, skill-development, and vocational courses, with a completion deadline of March 31, 2027, and a master agreement validity until October 25, 2029. The work order is structured with five monthly delivery tranches from November 2026 to March 2027, with Rs 4,20,00,000 allocated for content licenses and Rs 4,90,00,005 for content development.

Fusion Klassroom Edutech Limited, formerly Fusion Klassroom Edutech Private Limited, will close its trading window for dealing in securities for designated persons and their immediate relatives from Thursday, October 1, 2026, and will reopen 48 hours after the declaration of the company’s unaudited financial results for the half year ending September 30, 2026.

Fusion Klassroom Edutech Limited is currently trading at Rs 172.0, down 1.09%, while the stock has risen 0.53% over the last one week. Fusion Klassroom Edutech Limited has secured a work order worth Rs 1.35 crore from a Bengaluru-based private limited company for educational video content development and production services. The order, received on September 23, 2026, encompasses learning material preparation, recording, and video content development across subjects including artificial intelligence, machine learning, banking, and finance, with a completion deadline of March 31, 2027. The contract value excludes applicable Goods and Services Tax, and neither the company’s promoters nor group companies have any interest in the awarding entity. Trading volume reached 5600 shares today, a surge of 600.0% compared to the one-week average. Fusion Klassroom Edutech Limited remained flat year-over-year, outperforming the NIFTY50 index's 7.43% loss.