Poonawalla Fincorp Allots ₹250 Cr Non-Convertible Debentures

Poonawalla Fincorp Limited has announced the allotment of 25,000 secured, redeemable, rated, listed, non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹250 crore. The allotment was approved by the Finance Committee on July 16, 2026, via private placement. These NCDs carry a coupon rate of 8.1390% per annum and are set to mature on September 26, 2029. The debentures will be listed on the Debt Market Segment of the BSE Limited. The company has also outlined terms for delayed payments, including an additional 2% interest over the coupon rate.