Poonawalla Fincorp allots INR 15.25bn in debentures

Poonawalla Fincorp (BSE: 524000) announced the allotment of 152,500 secured, redeemable, rated, and listed non-convertible debentures, each with a face value of INR 100,000. This amounts to a total issuance of INR 15,250,000,000 (Indian Rupees One Thousand Five Hundred and Twenty-Five Crore only). The allotment, approved by the Finance Committee on April 21, 2025, was executed through a private placement. The debentures will be listed on the Debt Market Segment of the BSE Limited.