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Poonawalla Fincorp raises Rs 350 crore via NCDs
Aug-25-2025

Poonawalla Fincorp has raised Rs 350 crore through the allotment of 35,000 secured, redeemable, rated, listed, non-convertible debentures (NCDs) of the face value of Rs 1,00,000, through private placement. The Debentures would be listed in Debt Market Segment of the BSE. 

Date of allotment is August 25, 2025. Date of maturity is February 25, 2028. The Finance Committee vide resolution dated August 20, 2025, as authorized by the Board of Directors of the Company has approved allotment of the same. 

Poonawalla Fincorp (Formerly known as Magma Fincorp) is a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).


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