Poonawalla Fincorp has successfully allotted 3,31,48,102 fully paid-up equity shares via preferential issue. Approved on September 17, 2025, the shares, priced at ₹452.51 each, bring the total allotment value to ₹1499.98 Crore. This move increases the company’s issued and paid-up equity share capital, enhancing its financial flexibility.
Preferential Allotment Details
On September 17, 2025, the Board of Directors approved the allotment of 3,31,48,102 fully paid-up equity shares through a preferential issue. The face value of each share is ₹2, with an issue price of ₹452.51 per share, including a premium of ₹450.51.
Financial Impact of the Allotment
The total value of the allotment aggregates to ₹1499,98,47,636.02. The allottee for these equity shares is Rising Sun Holdings Private Limited, categorized as a Promoter. These equity shares rank equally with existing shares.
Revised Share Capital Structure
Following the allotment, the company’s issued, subscribed, and paid-up equity share capital has increased. It now stands at ₹162,47,13,396, comprising 81,23,56,698 fully paid-up equity shares with a face value of ₹2 each. Previously, it was ₹155,84,17,192 consisting of 77,92,08,596 fully paid-up equity shares.
Source: BSE
