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Bloomberg Quint

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Poonawalla Fincorp To Raise Rs 1,875 Crore Via Issuance Of NCDs

  • Poonawalla Fincorp approved to raise Rs 1,875 crore through the issuance of NCDs.
  • The company's finance committee approved the issuance of 1,87,500 non-convertible debentures with a face value of Rs 1,00,000 each.
  • The NCDs are proposed to be listed on BSE.
  • Poonawalla Fincorp has launched its secured loans business for commercial vehicles.

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