The Finance Committee, as authorized by the Board of Directors of the Poonawalla Fincorp Limited, had approved issuance of secured, redeemable, rated, listed, non-convertible debentures of face value of INR 100,000 each for an amount aggregating up to INR 10,000 million in dematerialized form, through private placement. The NCDs are proposed to be listed on BSE Limited. Issuance of 100,000 secured, redeemable, rated, listed, non-convertible debentures of face value of INR 100,000 each for an amount aggregating up to INR 10,000 million PFL NCD Series 'K2' Fiscal year 2025-26.
The obligations under the debentures shall, till the redemption date, be secured by way of first ranking pari passu charge on the hypothecated properties which is sufficient to provide required security cover. Company shall pay coupon on the NCDs at a rate of 2% over and above the applicable coupon rate for any delay in payment of interest /principal amount of the NCDs for the period until such event of default is cured to the satisfaction of the Debenture Trustee (acting on the instructions of the Debenture-holders).
Poonawalla Fincorp Limited is an India-based non-banking finance company that focuses on consumer and micro, small, and medium enterprises (MSME) financing. The Company’s financial services include pre-owned car finance, personal loans, loan to professionals, business loans, loan against property, supply chain finance, machinery loans, medical equipment loans and consumer loans. Its personal loans include unsecured personal loan, urgent personal loan, short term personal loan, personal loan for salaried employees and instant loan online. Its business loans include unsecured business loan, small business loans, business loan for women and business loan for working capital. The Company’s other loans include pre-owned car loan, loan against property, medical equipment loan and machinery loan. Its professional loan includes professional loan for chartered accountants (CA), professional loan for company secretaries (CS) and professional loan for doctors.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
-
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
-
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
-
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
