21-Aug-2026      15:30

Poonawalla Fincorp allotted Rs 150 crore in debentures, maturing April 2036, listed on BSE

Poonawalla Fincorp Limited announced that its finance committee has approved the allotment of 15,000 unsecured, redeemable, rated, listed, subordinated, non-convertible debentures with a face value of Rs 1,00,000 each, amounting to Rs 150,00,00,000, according to a regulatory filing on Monday. The company received a total of Rs 153,54,32,550, which includes accrued interest of Rs 4,12,30,050 and a discount of Rs 57,97,500. The debentures, designated as PFL NCD Series ‘SDA1’ FY2026-27 Re-issuance -II (INE511C08AN2), will be listed on the Debt Market Segment of the BSE Limited and mature on April 24, 2036, offering an interest rate of 8.4308% per annum.

News source: Capital Market - Live News