Poonawalla Fincorp approves ₹200 crore Tier II NCD issue via private placement
Non-deposit-taking NBFC Poonawalla Fincorp Ltd on Tuesday (July 7) approved the issuance of unsecured, redeemable, rated, listed, subordinated non-convertible debentures (NCDs) constituting Tier II capital worth up to ₹200 crore through a private placement. The approval was granted by the company’s Finance Committee under the authority delegated by the Board of Directors. The company will…
