Poonawalla Fincorp Approves ₹2,000 Crore Secured NCD Issue

Finance Committee approved private placement of secured, redeemable, rated, listed NCDs aggregating up to Rs 2,000 crore, comprising Rs 500 crore Series E1 re-issuance and Rs 1,500 crore Series F1, face value Rs 1 lakh each, to be listed on BSE with pari passu security cover.