Poonawalla Fincorp Limited — QIP/Rights/Pref., 14-05-2025: Issue of Securities

Poonawalla Fincorp plans to issue secured, redeemable, rated, listed non-convertible debentures (NCDs) up to ₹750 Cr via private placement. The issue includes 75,000 NCDs with a face value of ₹1,00,000 each under Series ‘B1’ FY 2025-26. The base size is ₹250 Cr, with an option to raise an additional ₹500 Cr. These NCDs will be listed on BSE and secured by hypothecated assets. Coupon rates and redemption terms will be shared later. This move likely aims to support funding needs like expansion or debt management.