Poonawalla Fincorp to raise Rs 800 cr via NCD issuance

Poonawalla Fincorp has approved the issuance of zero coupon, secured, redeemable, rated, listed, non-convertible debentures constituting capital of face value of Rs 1,00,000/- each (NCDs) for an amount aggregating up to Rs 800 crore, in dematerialized form, through private placement on the following terms and conditions.