Poonawalla Fincorp Ltd
💰 Poonawalla Fincorp Issues ₹155 Crore NCDs with 8.43% Annual Coupon
• ₹155 crore Non-Convertible Debentures (NCDs) allotted with ₹1,00,000 face value each
• 8.4308% per annum coupon rate with 10-year tenure (April 2026 to April 2036)
• Unsecured, redeemable, rated, and listed on BSE Limited
• Total issue includes ₹150 crore base size plus ₹5 crore green shoe option
• Additional 2% interest payable for delays exceeding three months
• Classified as Tier II Capital