Poonawalla Fincorp to Issue ₹1,000 Cr NCDs

Poonawalla Fincorp Ltd has announced the issuance of secured, redeemable, rated, listed, non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, aggregating up to ₹1,000 crore. The NCDs will be issued in dematerialized form through private placement and are proposed to be listed on BSE Limited. The issue includes a base issue of ₹500 crore and a green shoe option to retain oversubscription up to ₹500 crore under the PFL NCD SERIES B1 FY2026-27. The debentures will be secured by a first-ranking pari passu charge on hypothecated properties.