Poonawalla Fincorp Limited — QIP/Rights/Pref., 10-07-2025: Issue of Securities
10-07-2025 | 12:46 pm
10-07-2025 | 12:46 pm
Poonawalla Fincorp Limited is issuing secured, redeemable, rated, listed non-convertible debentures (NCDs) worth ₹1500 Cr via private placement to eligible investors. The issue comprises 150,000 NCDs with a face value of ₹1,00,000 each, split into a base issue of ₹750 Cr and a green shoe option of ₹750 Cr. The NCDs will be listed on BSE. Coupon rate, tenor, and payment schedule will be as per the key information document. Proceeds are likely aimed at strengthening the company’s financial position.
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