Pursuant to Regulation 30 and 51 and other applicable provisions of SEBI Listing Regulations, Poonawalla Fincorp has informed that the Finance Committee, as authorized by the Board of Directors of the Company had approved today issuance of secured, redeemable, rated, listed, non-convertible debentures (NCDs) of face value of ? 1,00,000/- each (‘NCDs’) for an amount aggregating up to ? 500,00,00,000/- (‘Issue’ or ‘Issue Size’), in dematerialized form, through private placement on the terms and conditions, which are enclosed.
The above information is a part of company’s filings submitted to BSE.
