Poonawalla Fincorp Limited — QIP/Rights/Pref., 20-06-2025: Issue of Securities
20-06-2025 | 12:56 pm
20-06-2025 | 12:56 pm
Poonawalla Fincorp has announced a board meeting on June 26, 2025, to consider the financial results for the quarter and half-year. The company is issuing secured, redeemable, rated, listed non-convertible debentures (NCDs) via private placement to raise ₹1,600 Crore. The issue consists of 160,000 NCDs with a face value of ₹1 lakh each, split equally into two series: fully-paid and partly-paid. These NCDs will be listed on BSE, with details on tenure, coupon, and redemption per the key information document. Proceeds use is not specified.
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