Poonawalla Fincorp Limited has made a disclosure pursuant to Regulation 30 and 51 read with Para A of Part A of Schedule III of the SEBI Listing Regulations. This is a follow-up to the company's intimation dated July 13, 2026, regarding the issue of Non-Convertible Debentures (NCDs).
Key Quantitative Figures
- Number of NCDs Allotted: 25,000
- Face Value per NCD: ₹ 1,00,000 (Rupees One Lakh)
- Total Issue Size: ₹ 250,00,00,000 (Rupees Two Hundred and Fifty Crore only)
- Coupon/Interest Rate: 8.1390% per annum
Instrument Details
- Type: Secured, redeemable, rated, listed, non-convertible debentures
- Series: PFL NCD SERIES D2 FY 2026-27
- Tenure: 1,168 Days (3 Years 2 Months and 12 Days)
- Date of Allotment: July 16, 2026
- Date of Maturity: September 26, 2029
- Listing: The debentures will be listed on the Debt Market Segment of BSE Limited.
Security Details
The obligations under the debentures are secured by a first ranking pari passu charge on the Hypothecated Properties. The company states this provides a sufficient Security Cover.
Payment Terms
The schedule of payment of coupon/interest and principal is detailed in the "Illustration of Cash Flows" within the Key Information Document dated July 15, 2026.
Default Clause
In case of a delay in payment of interest or principal for more than three months, the company is obligated to pay a default coupon rate. This rate is 2% (two per cent) over and above the applicable coupon rate for the period of the default, until the event is cured to the satisfaction of the Debenture Trustee.
Redemption Details
Redemption will occur on the maturity date, September 26, 2029, as per the schedule outlined in the Key Information Document.