Poonawalla Fincorp has announced that its Board of Directors will meet on January 16, 2026, to consider proposals for raising funds. These include the issuance of equity shares via qualified institutional placement and raising funds through non-convertible debt securities, potentially up to Rs. 20,000 Crore. The announcement also states that the trading window will remain closed until January 18, 2026.
Fundraising Plans
The Board of Directors of Poonawalla Fincorp Limited is scheduled to convene on January 16, 2026, to discuss and potentially approve proposals for raising capital through various means.
Equity Issuance
The Board will consider raising funds through the issuance of equity shares of the company. This will be done via qualified institutional placement, or other permissible methods or combinations.
Debt Securities
The Board will also evaluate raising funds through the issuance of Non-Convertible Debt Securities on a private placement basis. The aggregate amount considered for this could reach up to Rs. 20,000 Crore during the financial years 2026-2027.
Trading Window Closure
In accordance with the company’s internal code of conduct and related regulations, the trading window will remain closed until Sunday, January 18, 2026.
Source: BSE
