Poonawalla Fincorp to redeem Rs 10 crore perpetual debentures on July 31

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POONAWALLA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.5%1-day move

₹439.50

prior close

₹440.00

base price

After-mkt

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AI summary

Poonawalla Fincorp is exercising call option to fully redeem 100 perpetual NCDs of Rs 10 lakh each, totalling Rs 10 crore, on July 31, 2026. The 12.10 percent unsecured subordinated debentures were issued in August 2016 with a 10-year call feature. Record date is July 16, 2026. RBI approval received. Current credit rating is CARE AA+ Stable.

Likely market impact

Positive signal. Company redeems Rs 10 crore perpetual debt at par, avoiding 100 bps coupon step-up to 13.10 percent. Suggests comfortable liquidity.