Poonawalla Fincorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/07/2025 ,inter alia, to consider and approve Intimation under Regulation ....
POONAWALLA · price
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Poonawalla Fincorp has informed the exchanges that its Board of Directors will meet on Friday, July 25, 2025, to consider two key fund-raising proposals. First, the Board will evaluate issuing equity shares on a preferential basis, subject to shareholder and regulatory approvals. Second, it will consider doubling the limit for issuing Non-Convertible Debentures (NCDs) on a private placement basis for FY26 from the existing Rs. 10,000 Crore to up to Rs. 20,000 Crore. The trading window for insiders remains closed until Sunday, July 27, 2025, in line with insider trading rules. This is an update to an earlier intimation dated June 27, 2025.
The preferential equity issue could lead to dilution for existing shareholders, while the proposed doubling of the NCD borrowing limit signals aggressive growth or expansion plans. Investors should watch for detailed terms on July 25, as the stock may see volatility ahead of and after the board meeting.