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Fusion CX Limited provides a USD 4.5 million loan to its UK and Canadian subsidiaries
05-Nov-2026, 09:04
Fusion CX Limited announced it entered into a loan agreement with Fusion BPO Services Ltd., a UK-based wholly owned subsidiary, and Fusion BPO Services Limited, a Canada-based wholly owned subsidiary, for a USD 4,500,000 facility to facilitate repayment of a loan by the Canadian entity. The loan, from Fusion CX Limited, carries an interest rate of 8.5% per annum and a tenure of five years, and is considered an arm’s length transaction as Pankaj Dhanuka and Kishore Saraogi are common directors in both the company and the wholly owned subsidiaries.
