Poonawalla Fincorp Allots ₹200 Cr Tier II NCDs

Poonawalla Fincorp Limited has announced the allotment of 20,000 unsecured, redeemable, rated, listed, subordinated, non-convertible debentures (NCDs) constituting Tier II Capital. The total face value of these NCDs is ₹200 crore. The company received an aggregate amount of ₹202.18 crore, which includes accrued interest and a discount. These NCDs have a face value of ₹1,00,000 each and will be listed on the Debt Market Segment of BSE Limited. The allotment was approved by the Finance Committee on July 10, 2026. The debentures have a reissuance tenor of 3,576 days and an original tenor of 3,653 days (10 years), with a maturity date of April 24, 2036. The coupon rate offered is 8.4308% per annum.