Poonawalla Fincorp Ltd

NCD issuance details

• Unsecured, redeemable, rated, listed, subordinated NCDs issued as Tier II capital.
• Private placement to eligible investors.
• Total 20,000 NCDs with face value ₹100,000 each.
• Aggregate issue size up to ₹200 crore, base ₹150 crore, green shoe ₹50 crore.
• Face value per security ₹100,000; no premium stated.
• Tenor and coupons as per the Key Information Document (KID).
• Coupon payment with 2% extra on delays beyond due date.
• NCDs proposed to be listed on BSE Limited.
• Security: Unsecured; subordinated debentures.
• Material impact: increases Tier II debt capital by up to ₹200 crore.

NCD issuance details

• Type: secured, redeemable, rated, listed non-convertible debentures (NCDs) issued via private placement.
• Issuance: private placement to eligible investors.
• Total: 75,000 NCDs of ₹1,00,000 each; aggregate up to ₹750 crore; base ₹250 crore; green shoe ₹500 crore.
• Issue price: ₹1,00,000 per NCD; no premium.
• Listing: NCDs proposed to be listed on BSE Limited.
• Tenor: as specified in the Key Information Document.
• Coupon: as specified in the KID.
• Default interest: 2% over applicable coupon for delayed payments.
• Payment schedule: coupon and principal payments as per KID.
• Security: first ranking pari passu charge on hypothecated properties to provide required security cover.
• Redemption/tenor: terms as per KID; redemption details per KID.
• Special rights: as per KID.
• Allottees: eligible investors in private placement.
• Impact: creation of secured debt up to ₹750 crore; no governance changes disclosed.

Meeting Details

• Date: August 19, 2026; time not disclosed.
• Type: One-on-one / group meetings; physical.
• Event/organiser: Motilal Oswal 22nd Annual Global Investor Conference, 2026.

Participants

• Key participant: Company Secretary.

Purpose

• Purpose: Analyst/institutional investor interaction at conference.

Additional Notes

• Presentation to be made at the meet is available on the company website.

ESOP grant under Scheme-II

• Granted 25,000 stock options under ESOP-2024 Scheme-II, Tranche 45, on July 28, 2026.
• Exercise price set at Rs 461.05 per option.
• Options vest per the ESOP-2024 Scheme-II vesting schedule.
• Granted to eligible employees in line with SEBI Regulations 2021.

AGM details

• Date, time, mode: 24 July 2026, 3:00 PM IST; VC/OAVM.
• Remote e-Voting window: 20–23 July 2026; voting during AGM.
• AGM duration: 3:00–5:25 PM IST including voting.

Resolutions and outcomes

• Resolution 1: Standalone financials adopted; 99.999% in favour.
• Resolution 2: Consolidated financials adopted; 99.596% in favour.
• Resolution 3: Re-appoint Adar Cyrus Poonawalla by rotation; 99.906% in favour.
• Resolution 4: Appoint B. K. Khare & Co. as Joint Statutory Auditor; 99.906% in favour.
• All four ordinary resolutions passed with requisite majority.

Directors and auditors

• Director rotation: Adar Cyrus Poonawalla re-appointed.
• Auditor appointment: B. K. Khare & Co. appointed; remuneration fixed.