Poonawalla Fincorp Limited Issues 331,480,102 Equity Shares on Preferential Basis

In a significant development, Poonawalla Fincorp Limited has issued 331,480,102 fully paid-up equity shares to Rising Sun Holdings Private Limited, a promoter company, at an issue price of Rs. 452.51 per equity share. This move is in line with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013. The equity shares will rank pari-passu with the existing equity shares of the company, and the issued, subscribed, and paid-up equity share capital of Poonawalla Fincorp Limited has increased from Rs. 155,84,17,192 to Rs. 162,47,13,396.

Key Takeaways:

• Poonawalla Fincorp Limited has issued 331,480,102 fully paid-up equity shares to Rising Sun Holdings Private Limited at an issue price of Rs. 452.51 per equity share.
• The equity shares will rank pari-passu with the existing equity shares of the company, and the allottee has received in-principle approval from the National Stock Exchange of India and BSE Limited.
• The issued, subscribed, and paid-up equity share capital of Poonawalla Fincorp Limited has increased from Rs. 155,84,17,192 to Rs. 162,47,13,396.
• The equity shares were issued on a preferential basis under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• Poonawalla Fincorp Limited received the in-principle approval on September 15, 2025.

Statistics:

• 331,480,102 equity shares allotted to Rising Sun Holdings Private Limited
• Issue price: Rs. 452.51 per equity share
• Total amount raised: Rs. 1499,98,47,636.02
• Issued, subscribed, and paid-up equity share capital increased from Rs. 155,84,17,192 to Rs. 162,47,13,396
• Face value per equity share: Rs. 2
• Issuance basis: Preferential under Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018

Sources:

• National Stock Exchange of India - Corporate Announcement dated September 17, 2025 (no specific reference or document link available)
• Poonawalla Fincorp Limited - Intimation dated September 17, 2025 (no specific reference or document link available)
• Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018
• Companies Act, 2013
• Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015