Poonawalla Fincorp Limited has made a regulatory disclosure pursuant to SEBI Listing Regulations 30 and 51, read with Para A of Part A of Schedule III, regarding the allotment of Non-Convertible Debentures (NCDs).
The Finance Committee, authorized by the Board of Directors, approved the allotment on July 03, 2026, through a resolution. This follows a previous intimation dated June 30, 2026.
Allotment Details
- Instrument: 50,000 secured, redeemable, rated, listed, non-convertible debentures
- Face Value: ₹1,00,000 each
- Principal Amount: ₹500,00,00,000 (Rupees Five Hundred Crore only)
- Premium Amount: ₹1,90,000 (Rupees One Lakh and Ninety Thousand only)
- Total Allotment Value: ₹500,01,90,000 (Rupees Five Hundred Crore One Lakh and Ninety Thousand only)
- Series Designation: PFL NCD Series 'D1' FY2026-27
- Method: Private placement
Key Terms (From Annexure A)
1. Listing: The debentures will be listed on the Debt Market Segment of BSE Limited.
2. Tenure: 850 days (2 Years and 4 Months)
3. Allotment Date: July 03, 2026
4. Maturity Date: October 30, 2028
5. Coupon Rate: 8.0568% per annum
6. Payment Schedule: As per the "Illustration of Cash Flows" in the Key Information Document dated July 02, 2026.
7. Security: The obligations are secured by a first ranking pari passu charge on the Hypothecated Properties, deemed sufficient to provide the required Security Cover.
8. Special Rights: As specified in the Key Information Document.
9. Default Terms: For any delay in payment of interest/principal beyond three months, the company will pay an additional 2% over the applicable coupon rate until the default is cured to the satisfaction of the Debenture Trustee.
10. Redemption Details: As per points 3 (Tenure/Dates) and 5 (Payment Schedule).
11. Payment History: Not applicable (N.A.) - no comments or letters regarding previous payment issues.
The disclosure was signed and submitted by Shabnum Zaman, Company Secretary (ACS-13918), on July 03, 2026.