Poonawalla Fincorp allots ₹300 crore in debentures

Poonawalla Fincorp Limited's Finance Committee, authorized by its Board of Directors, approved the allotment of 300,000 secured, redeemable, rated, listed, non-convertible debentures. Each debenture has a face value of ₹100,000, totaling ₹3,002,10,46,600. This allotment was made on October 15, 2025, via private placement.

The issuance comprises fresh NCD Series ‘G1’ FY2025-26 with a base issue of ₹2,500,00,00,000 and a premium of ₹1,00,62,500. Additionally, a re-issuance of NCD Series ‘D1’ FY2025-26 included a base issue of ₹500,00,00,000 and a premium and accrued interest of ₹1,09,84,100.

The debentures will be listed on the Debt Market Segment of the BSE Limited. The ‘G1’ series has a tenure of 1 year and 161 days, maturing on March 25, 2027, with an interest rate of 7.55% p.a. The re-issued ‘D1’ series has a tenure of 1 year and 344 days, maturing on September 24, 2027, with an interest rate of 7.5285% p.a. These obligations are secured by a first-ranking pari passu charge on hypothecated properties.