Poonawalla Fincorp Limited — QIP/Rights/Pref., 12-06-2025: Allotment of Securities
12-06-2025 | 02:59 pm
12-06-2025 | 02:59 pm
Poonawalla Fincorp has raised ₹500 Cr by allotting 50,000 secured, redeemable non-convertible debentures (NCDs) at ₹1,00,000 each via private placement. These 3-year 3-month NCDs offer a 7.58% annual coupon and will be listed on BSE’s debt segment. This fund infusion strengthens the company’s debt profile, backed by first-ranking charges on hypothecated assets, supporting investor security. Maturity is set for September 2028.
No comments yet. Be the first to comment!
