Poonawalla Fincorp Limited has notified debenture holders of its decision to exercise a Call Option on its Rated, Non-Convertible, Subordinated, Perpetual Debt instruments issued under ISIN INE511C08944. The company published this notice in leading newspapers — The Financial Express (English) and Loksatta (Marathi) — on May 12, 2026, in compliance with applicable regulatory requirements.

Call Option Exercise and Redemption Details

The company has decided to exercise the Call Option upon completion of 10 years from the deemed date of allotment, i.e., June 14, 2016, in accordance with the relevant Information Memorandum. The NCDs will be fully redeemed on June 12, 2026, along with all interest accrued thereon. A request for approval of the redemption has been submitted to the Reserve Bank of India (RBI).

The key parameters of the redemption are summarised below:

Redemption Process and Eligibility

Debenture holders holding the said NCDs as on the Record Date, as per the records of the Depository, shall be eligible to receive the Redemption Amount. The Redemption Amount — comprising the face value of Rs. 5,00,000/- per NCD along with accrued interest — will be credited directly to the bank account linked to the respective debenture holder's demat account on Friday, June 12, 2026.

Upon exercise of the Call Option and payment of the Redemption Amount, the company will fully extinguish the said NCDs. No claim shall lie against the company after the completion of the redemption.

Action Required by Debenture Holders

Debenture holders are specifically requested to:

• Update their bank account details in their respective demat accounts held with the Depository Participant to ensure seamless credit of the Redemption Amount.
• Review individual notices that have been sent to all debenture holders.
• Access further details on the company's website at www.poonawallafincorp.com .
• Direct any queries to the company at secretarial@poonawallafincorp.com .

The notice was signed by Shabnum Zaman, Company Secretary (ACS No. 13918), on behalf of Poonawalla Fincorp Limited, from Pune, dated May 11, 2026.

Poonawalla Fincorp has completed the allotment of secured, redeemable, rated, listed non-convertible debentures (NCDs) aggregating ₹1,000.18 crore through private placement. The allotment comprises 1,00,000 debentures at a face value of ₹1,00,000 each, amounting to ₹1,000 crore, along with a premium of ₹18,26,000, bringing the total allotment value to ₹1000,18,26,000. The Finance Committee of the company, duly authorised by its Board of Directors, approved the allotment on May 11, 2026, pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Issue Structure and Key Details

The NCD issue, designated as PFL NCD Series B1 FY2026-27, carries a coupon rate of 8.25% per annum and a tenure of 731 days (2 years), with allotment on May 11, 2026, and maturity on May 11, 2028. The issue was structured with a base component of ₹500 crore and an oversubscription (green shoe) option of up to ₹500 crore. Key parameters of the allotted issue are summarised below:

Security and Default Provisions

The obligations under the debentures are secured by way of a first-ranking pari passu charge on the hypothecated properties, required to be sufficient to provide the requisite security cover, and this charge shall remain in place until the redemption date.

In the event of a delay in payment of interest or principal amount for a period of more than three months from the due date, the company shall pay coupon on the NCDs at a rate of 2% (two percent) over and above the applicable coupon rate for the period until such event of default is cured to the satisfaction of the Debenture Trustee, acting on the instructions of the Debenture-holders.

Terms Referenced in Key Information Document

Certain terms of the issue are governed by the Key Information Document dated May 08, 2026, including:

• Tenor of the NCDs
• Coupon rate offered
• Schedule of payment of coupon/interest and principal
• Date of allotment and date of redemption
• Special rights, interests, or privileges attached to the instrument
• Details of redemption of debentures

Disclosure and Compliance

The disclosure was made to both BSE Limited and the National Stock Exchange of India Limited in compliance with applicable SEBI Listing Regulations. The communication was signed by Shabnum Zaman, Company Secretary (ACS: 13918), on behalf of Poonawalla Fincorp, and was digitally authenticated on May 11, 2026.