Poonawalla Fincorp has allotted 50,000 secured, redeemable, non-convertible debentures (NCDs) aggregating ₹500.01 crore through private placement on July 03, 2026. The issuance, designated as PFL NCD Series ‘D1’ FY2026-27, carries a coupon rate of 8.0568% per annum and aims to raise funds while offering secured returns to investors.

The Finance Committee, via a resolution dated July 03, 2026, authorized by the Board of Directors, approved the allotment of these instruments. Each debenture has a face value of ₹1,00,000, amounting to a total base value of ₹500 crore, with a premium of ₹1,90,000 taking the total issue size to ₹500,01,90,000.

The NCDs have a tenure of 850 days, equivalent to 2 years and 4 months, with a maturity date set for October 30, 2028. The obligations under these debentures are secured by way of a first ranking pari passu charge on hypothecated properties, sufficient to provide the required security cover until the redemption date.

In the event of a delay in payment of interest or principal for more than three months, the company will pay a penalty interest rate of 2% over and above the applicable coupon rate for the period until the default is cured to the satisfaction of the Debenture Trustee.

The debentures will be listed on the Debt Market Segment of BSE Limited, providing liquidity to investors. The payment schedule for coupon interest and principal is detailed in the Key Information Document dated July 02, 2026.

Key Details of the Allotment

Poonawalla Fincorp filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with the stock exchanges. The filing, submitted pursuant to Regulation 34(2)(f) of the SEBI Listing Regulations, includes an assurance statement provided by BDO India Services Private Limited. The report outlines the company's performance across environmental, social, and governance parameters for the period ending March 31, 2026.

Environmental Performance

The company reported a total energy consumption of 12,618.44 GJ for FY26, a decrease from 13,161.56 GJ in the previous year. Total Scope 1 and Scope 2 emissions stood at 2,548.85 tCO2, with an emission intensity of 0.3753 tCO2 per INR Cr of turnover. To mitigate environmental impact, the company installed inverter air conditioners across 257 new operational branches, resulting in an estimated reduction of ~354 tonnes of CO2 emissions annually. Additionally, the installation of LED lights contributed to a reduction of ~267.92 tonnes of CO2 emissions. The company also procured green energy from the Maharashtra State Electricity Board for its corporate office.

Water withdrawal for the year totaled 53,474 kilolitres, significantly lower than the 297,348.30 kilolitres reported in FY25, a change attributed to a corrected calculation methodology. The company generated 40.774 metric tonnes of waste, of which 37.682 metric tonnes were recycled. The report notes that the company, being a non-banking financial company, does not manufacture products and thus has limited direct material consumption.

Social and Governance Metrics

As of March 31, 2026, the company employed 5,860 permanent employees, comprising 5,110 male and 750 female staff. The Board of Directors included 10 members, with female representation at 20%. The company reported that 100% of permanent employees were covered by performance and career development reviews. The turnover rate for permanent employees was 22.40% for FY26, compared to 16.49% in the previous year.

The report highlighted that no fines or penalties were imposed by regulatory authorities during the financial year. The company maintained a zero-tolerance policy towards corruption and human rights violations, with no reported cases of bribery or sexual harassment. The Board of Directors reviews the business responsibility and sustainability performance, with the CSR Committee overseeing decision-making on related issues.

Stakeholder Engagement and Assurance

Poonawalla Fincorp engaged with stakeholders through various channels, including regulatory filings, investor meetings, and customer service platforms. The company received 19,871 customer complaints during the year, with 2,150 complaints pending resolution at the end of the year. BDO India Services Private Limited provided reasonable assurance for the BRSR Core Indicators and limited assurance for other non-financial indicators, confirming that the disclosures were fairly reliable.