Poonawalla Fincorp Limited has raised ₹500 crore through the issuance of secured, redeemable, non-convertible debentures (NCDs) on a private placement basis. The Finance Committee, authorized by the Board of Directors, approved the issuance on July 13, 2026, to bolster the company's financial resources. The debentures carry a face value of ₹1,00,000 each and are proposed to be listed on BSE Limited, providing an investment avenue for eligible investors.

The total issue size of ₹500 crore comprises a base issue of ₹250 crore and a green shoe option to retain oversubscription up to ₹250 crore. This structure allows the company to manage capital allocation flexibly based on investor demand. The NCDs, designated as PFL NCD Series D2 FY2026-27, are secured by way of a first ranking pari passu charge on hypothecated properties, ensuring adequate security cover until the redemption date.

Key Terms of the Issue

The specific tenor, coupon rate, and payment schedules for the interest and principal are detailed in the key information document. The company has established a mechanism to handle delays in payment, stipulating that a penalty coupon of 2% over the applicable rate will apply for any default period until the issue is resolved to the satisfaction of the Debenture Trustee.

The disclosure was made in compliance with Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The issuance represents a strategic move by Poonawalla Fincorp to diversify its funding sources while securing long-term capital.

Poonawalla Fincorp Limited has allotted 20,000 unsecured, redeemable, rated, listed, subordinated, non-convertible debentures (NCDs) aggregating ₹200 crore through private placement to eligible investors. The Finance Committee, authorized by the Board of Directors, approved the allotment on July 10, 2026, under PFL NCD Series 'SDA1' FY2026-27 Re-issuance-I. The debentures, classified as Tier-2 subordinated instruments, carry a face value of ₹1,00,000 each and were issued at a coupon rate of 8.4308% per annum.

Issue Structure

The NCDs are listed on BSE Limited. The company received an aggregate amount of ₹202,17,71,000, which includes accrued interest of ₹3,55,71,000 and a discount amount of ₹1,38,00,000. The following table summarizes the key details of the NCD issuance:

Penalty Provisions

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

The disclosure was made to the exchanges under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shabnum Zaman, Company Secretary, signed the filing on behalf of Poonawalla Fincorp.