Poonawalla Fincorp Limited has announced the allotment of ₹200 crore worth of Tier-II Non-Convertible Debentures (NCDs) through a private placement, as per the exchange filings.
The allotment was approved by the Finance Committee on July 10, 2026, under the authority granted by the company's Board of Directors.
The company has allotted 20,000 unsecured, redeemable, rated, listed and subordinated NCDs, each having a face value of ₹1 lakh, aggregating ₹200 crore.
The aggregate amount received stood at ₹202,17,71,000, including accrued interest of ₹3,55,71,000, after accounting for a discount of ₹1,38,00,000. The debentures have been issued through a private placement.
The NCDs, issued under PFL NCD Series 'SDA1' FY2026-27 Re-issuance-I, will be listed on the Debt Market Segment of BSE Limited.
The instruments qualify as Tier-II capital, strengthening the company's capital base while supporting future business growth.
The debentures carry a coupon rate of 8.4308% per annum.
The securities were allotted on July 10, 2026, have a reissuance tenor of 3,576 days, and are scheduled to mature on April 24, 2036. They are unsecured subordinated instruments forming part of the company's Tier-II capital.
Tier-II capital instruments are commonly used by financial institutions to strengthen their regulatory capital base and support lending operations.
The proceeds from the issuance are expected to enhance Poonawalla Fincorp's long-term capital structure and provide additional financial flexibility.
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As of 10 July 2026, at 3:00 PM, Poonawalla Fincorp share price was trading at ₹477.25 per share, reflecting a surge of 2.89% from the previous trading session.
Poonawalla Fincorp has strengthened its capital base by allotting ₹200 crore worth of Tier-II NCDs through a private placement. The listed debt instruments carry an 8.4308% annual coupon and mature in April 2036, supporting the company's long-term funding and capital requirements.
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Published on: Jul 10, 2026, 3:38 PM IST
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