POONAWALLABSEPOONAWALLA FINCORP LTDMediumNeutral
Announced Sat, 25 Jul · 24:37 IST

Poonawalla Fincorp 46th AGM: all 4 resolutions passed, FY26 results shared

Board & Shareholder Meetings View source PDF

POONAWALLA · price

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AI summary

Poonawalla Fincorp held its 46th AGM on July 24, 2026. All 4 resolutions passed with requisite majority, including Adar Poonawalla's re-appointment (99.6% in favor) and B.K. Khare and Co appointment as joint statutory auditor (99.9% in favor). FY26 highlights: AUM up 69% to Rs 60,348 crore, NII up 49% to Rs 4,029 crore, PAT at Rs 542 crore. Gross NPA improved to 1.44%, Net NPA at 0.74%. Rs 2,500 crore QIP strengthened capital base to 20.74% CAR. ROA improved to 1.16%. Targeting 35-40 percent AUM growth near term.

Likely market impact

Strong FY26 performance with 69 percent AUM growth, improved asset quality, and 5 to 6x scaling ambition. Positive for shareholders.