Poonawalla Fincorp Ltd
Poonawalla Fincorp Issues ₹250 Crore NCDs as Tier II Capital 📈
• Total issue size: Up to ₹250 crore (₹150 crore base + ₹100 crore oversubscription option)
• Face value: ₹1,00,000 per NCD
• 25,000 NCDs issued under Series 'SDA1' for FY2026-27
• Unsecured, redeemable subordinated debentures
• Proposed listing on BSE Limited
• Late payment penalty: Additional 2% over coupon rate if payment delayed beyond 3 months