Poonawalla Fincorp has successfully completed the allotment of 50,000 secured, redeemable, rated, listed non-convertible debentures worth ₹500 crore through private placement. The Finance Committee, authorized by the Board of Directors, approved the allotment on February 05, 2026, with the actual allotment date being February 02, 2026.

Debenture Allotment Details

The company has finalized the complete structure and terms of the debenture issuance, providing clarity on tenure and interest rates for investors:

Security Structure and Charge

The debentures are secured by a first ranking pari passu charge on hypothecated properties, providing adequate security cover until the redemption date. This security structure ensures enhanced protection for debenture holders while maintaining the company's access to competitive borrowing rates.

Default Provisions and Regulatory Compliance

The company has established comprehensive default provisions to protect investor interests. In case of any delay in payment of interest or principal amount for more than three months from the due date, Poonawalla Fincorp will pay an additional coupon at 2% over and above the applicable coupon rate until the default is cured to the satisfaction of the Debenture Trustee.

The allotment has been completed in compliance with Regulation 30 and 51 of SEBI Listing Regulations, with necessary disclosures filed with both BSE Limited and National Stock Exchange of India Limited. The debentures will be issued in dematerialized form to eligible investors under the private placement framework and are proposed to be listed on the Debt Market Segment of BSE Limited for secondary market trading.

Poonawalla Fincorp has announced a significant expansion of its artificial intelligence capabilities with the launch of five new enterprise AI solutions on January 28, 2026. The comprehensive rollout demonstrates the company's commitment to becoming a digitally fluent, data-driven, and highly scalable financial organization through an AI-first approach across all functions.

Five New AI-Powered Solutions

The financial services company has deployed artificial intelligence across multiple critical business areas to strengthen decision-making and execution capabilities:

Strategic AI Implementation

The AI-powered Competition Benchmarking Engine embeds market intelligence directly into pricing, positioning and competitive strategies. This system autonomously searches for market changes, analyzing competitor pricing moves, product shifts and engagement patterns across portfolios, converting them into timely, decision-ready insights.

The Central KYC AI Platform addresses customer onboarding scalability by applying AI-driven validation at the entry point. This ensures KYC data accuracy and material relevance before flowing through the system, reducing manual intervention by approximately 15 percent while strengthening accuracy and turnaround performance.

Data Quality and Customer Experience Enhancement

The Agentic Data Quality Intelligence solution automatically monitors data against defined quality standards, flags anomalies, and updates validation rules as requirements evolve. This ensures data used for reporting, risk and business decisions remains accurate, traceable and audit-ready across multiple systems and teams.

The AI-led Voice of Customer Categorisation system organizes free-text customer responses into clear issue themes, directly linking them to accountable functions. This enables faster issue resolution, clearer ownership, and systematic addressing of recurring problems rather than case-by-case handling.

Development Acceleration and Company Performance

Build Buddy serves as an AI-powered development assistant integrated into the company's existing technology stack. Acting as a development companion, it supports engineers by assisting with code writing, suggesting fixes before code commitment, and providing contextual feedback on logic, performance and readability.

According to Arvind Kapil, Managing Director & CEO, artificial intelligence represents more than a tool, reshaping how organizations think, decide, and compete. The focus remains on responsible AI use by combining machine precision with human judgment to strengthen trust and sharpen decision-making.

AI Project Portfolio and Company Overview

Poonawalla Fincorp continues to expand AI implementation across core areas including risk calibration, fraud detection, marketing, compliance, HR, governance, audit, and underwriting quality assessment. The company operates as a Cyrus Poonawalla group promoted non-deposit taking systemically important non-banking finance company, registered with the Reserve Bank of India and listed on both BSE and NSE.