Poonawalla Fincorp Ltd

Poonawalla Fincorp Ltd has announced that its Board of Directors will convene on October 9, 2026. The primary agenda item is to consider and approve the unaudited financial results for the quarter and half-year ending September 30, 2026. Additionally, the company will discuss the closure of the trading window for designated persons and their relatives, effective from October 1, 2026, until October 11, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Poonawalla Fincorp Limited has announced the closure of its trading window from October 1, 2026, to October 11, 2026. This closure is in compliance with SEBI regulations and is related to an upcoming Board of Directors meeting scheduled for October 9, 2026. The primary agenda for this meeting is to consider and approve the unaudited financial results for the quarter and half-year ending September 30, 2026. The trading window restriction applies to designated persons and their immediate relatives, preventing any dealings in the company's securities during this period.

Poonawalla Fincorp Limited has approved the allotment of Non-Convertible Debentures (NCDs) totaling ₹1750 crore. This includes 10,000 NCDs (Series E1 FY 2026-27 Re-Issuance I) amounting to ₹100 crore, with accrued interest and discount, bringing the total consideration to ₹100.40 crore. Additionally, 75,000 NCDs (Series F1 FY 2026-27) were allotted for ₹750 crore. These secured, redeemable, rated, and listed debentures will be listed on the BSE Debt Market. The NCDs carry coupon rates of 8.09% p.a. and 8.3082% p.a. respectively, with varying tenures and maturity dates in 2029 and 2032. The company has also outlined provisions for delayed payments.

Poonawalla Fincorp Ltd announced its Finance Committee has approved the issuance of secured, redeemable, rated, listed, non-convertible debentures (NCDs) aggregating up to ₹2000 crore. The NCDs will be issued on a private placement basis. The issuance includes two series: PFL NCD series E1 FY 2026-27 Re-Issuance I for up to ₹500 crore and PFL NCD SERIES F1 FY 2026-27 for up to ₹1500 crore. The NCDs are proposed to be listed on BSE Limited. The company will pay a penalty of 2% over the coupon rate for any delay in interest or principal payment.

Poonawalla Fincorp Ltd announced that its Nomination and Remuneration Committee has granted 11,05,000 stock options to eligible employees under the 'Employee Stock Option Plan-2024- Scheme- II' (Tranche - 48). The exercise price for these options is set at ₹462.40 per share. The vesting of these options will follow the schedule outlined in the ESOP plan. This grant aligns with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.

Poonawalla Fincorp Ltd announced that its Nomination and Remuneration Committee has granted 10,86,000 stock options to eligible employees under the 'Employee Stock Option Plan-2024- Scheme- II'. The options are granted at an exercise price of ₹478.50 and will vest according to the plan's schedule. This grant aligns with SEBI regulations for employee benefits and sweat equity.

Poonawalla Fincorp Limited has announced the allotment of 15,000 unsecured, redeemable, rated, listed, subordinated, non-convertible debentures (NCDs) constituting Tier II Capital. The face value of each debenture is ₹1,00,000, totaling ₹150 crore. The company received an aggregate amount of ₹153.54 crore, which includes accrued interest and a discount. These NCDs, series PFL NCD Series ‘SDA1’ FY2026-27 Re-issuance-II, carry a coupon rate of 8.4308% per annum and have a tenure of 3,534 days, with a maturity date of April 24, 2036. The debentures will be listed on the Debt Market Segment of BSE Limited.

Poonawalla Fincorp Ltd announced the approval of an issue of unsecured, redeemable, rated, listed, subordinated, non-convertible debentures (NCDs) constituting Tier II capital. The Finance Committee, authorized by the Board, approved the issuance aggregating up to ₹200 crore. The NCDs will be issued in dematerialized form through private placement. The base issue size is ₹150 crore with a green shoe option to retain oversubscription up to ₹50 crore. These NCDs are proposed to be listed on BSE Limited. The specific terms, including tenor, coupon, payment schedule, and redemption details, will be as specified in the key information document. In case of delay in interest or principal payment beyond three months, the company will pay an additional 2% over the applicable coupon rate until the default is cured.

Poonawalla Fincorp Limited has announced the allotment of 31,500 secured, redeemable, rated, listed, non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹315 crore. The allotment was approved by the Finance Committee on August 17, 2026, via private placement. These NCDs carry a coupon rate of 8.0900% per annum and have a tenure of 914 days, maturing on February 16, 2029. The debentures are secured by a first-ranking pari passu charge on hypothecated properties and will be listed on the Debt Market Segment of BSE Limited. The company has also outlined a penalty of 2% over the applicable coupon rate for any delay in interest or principal payments.

Poonawalla Fincorp Ltd announced the approval of its Finance Committee for the issuance of secured, redeemable, rated, listed, non-convertible debentures (NCDs) aggregating up to ₹750 crore. The NCDs will be issued on a private placement basis to eligible investors. The issue has a base size of ₹250 crore with a green shoe option to retain oversubscription up to ₹500 crore. The NCDs are proposed to be listed on BSE Limited. Specific terms regarding tenor, coupon, payment schedules, and redemption are detailed in a key information document. The debentures will be secured by a first-ranking pari passu charge on hypothecated properties. In case of delayed interest or principal payments beyond three months, the company will pay an additional 2% coupon rate.