Investment20 Feb 2026, 12:39 pm
Poonawalla Fincorp Ltd Approves Allotment of ₹ 1,000 Crore Non-Convertible Debentures
AI Summary
Poonawalla Fincorp Ltd has approved the allotment of 1,00,000 secured, redeemable, rated, listed, non-convertible debentures (NCDs) amounting to ₹ 1,000 Crore and premium of ₹ 92,75,000 through private placement. The NCDs, named PFL NCD Series ‘K2’ FY2025-26, will have a tenure of 843 days (2 years and 112 days) and will offer a coupon/interest of 7.8788% per annum. The debentures will be listed in the Debt Market Segment of BSE Limited.
Key Highlights
- Poonawalla Fincorp Ltd approves allotment of ₹ 1,000 Crore non-convertible debentures
- Debentures named PFL NCD Series ‘K2’ FY2025-26
- Offering a coupon/interest of 7.8788% per annum
- To be listed in the Debt Market Segment of BSE Limited
- Tenure of 843 days (2 years and 112 days)