Poonawalla Fincorp Limited — Others, 25-04-2025: Related Party Transactions

Poonawalla Fincorp Limited has announced a board meeting to discuss the audited financial results for the quarter and financial year ended March 31, 2025. The company reported a net loss of ₹98.34 crore on a consolidated basis and declared no dividend, opting to conserve capital for growth. The board approved the appointment of SIUT & Co LLP as the secretarial auditor for five years, subject to shareholder approval, and will amend its Employee Stock Option Plan, increasing stock options from 2 crore to 3.25 crore, also pending shareholder consent. Moreover, the 45th Annual General Meeting is scheduled for July 29, 2025. This announcement may have a neutral impact on investor sentiment, reflecting a focus on long-term growth and governance rather than immediate returns.