In this article, the concept of fuzzy $(\sigma,\mathcal{Z})$-contractive mapping has been introduced in fuzzy metric spaces which is an improvement over the corresponding concept recently introduced by Shukla et al. [Fuzzy Sets and system. 350 (2018) 85--94]. Thereafter, we utilized our newly introduced concept to prove some existence and uniqueness theorems in $\mathcal{M}$-complete fuzzy metric spaces. Our results extend and generalize the corresponding results of Shukla et al.. Moreover, an example is adopted to exhibit the utility of newly obtained results.