Poonawalla Fincorp’s board of directors will meet on January 16, 2026, to consider proposals for raising funds through the issuance of equity shares and Non-Convertible Debt Securities. The equity shares will be offered via qualified institutional placement, while the debt securities issuance could total up to ₹20,000 Crore. Both proposals are subject to shareholder approval and other regulatory requirements.
Fundraising Plans
The Board of Directors of Poonawalla Fincorp Limited is scheduled to meet on January 16, 2026, to discuss and potentially approve plans for raising capital through multiple avenues.
Equity Issuance
One of the key proposals to be considered involves raising funds through the issuance of equity shares. This may be achieved through qualified institutions placement or any other permissible method. The specific details regarding the amount to be raised and the terms of the issuance will be determined based on market conditions and regulatory approvals.
Debt Securities Offering
The Board will also deliberate on raising funds through the issuance of Non-Convertible Debt Securities on a private placement basis. The aggregate amount targeted for this issuance is up to ₹20,000 Crore. This fundraising is intended to occur during the financial years 2026-2027. As with the equity issuance, this is subject to necessary approvals.
Trading Window Closure
The company has announced that the trading window will remain closed until Sunday, January 18, 2026.
Source: BSE
