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Poonawalla Fincorp Limited has announced a board meeting on issuing secured, redeemable, rated, listed non-convertible debentures (NCDs) via private placement to raise up to ₹2,500 Cr. The issue consists of Series ‘B2’ fresh NCDs with a base of ₹1,125 Cr plus a green shoe option up to ₹375 Cr (total ₹1,500 Cr), and Series ‘B1’ re-issuance with a base of ₹500 Cr plus a green shoe up to ₹500 Cr (total ₹1,000 Cr). Proceeds are expected to support business needs like debt repayment or expansion.