Poonawalla Fincorp Limited — Others, 22-08-2025: Corrigendum

Poonawalla Fincorp has issued a correction to its Postal Ballot Notice regarding a preferential allotment of equity shares. The aggregate issue amount has been updated to approximately 1499.98 Cr, while the number of shares (3.31 Cr) and price per share (Rs. 452.51) remain the same. This capital infusion is earmarked for the company's strategic growth. The funds will be primarily used to prepay/repay borrowings (1259.98 Cr), support AUM growth and lending activities (230.00 Cr), and for general corporate purposes (10.00 Cr). This move aims to strengthen capital adequacy for future expansion.