Corporate News     26-Mar-22
Poonawalla Fincorp's stake in JV Magma HDI to reduce to 21.52%
Poonawalla Fincorp announced that its shareholding in Magma HDI General Insurance Company (a joint venture) will get reduced from the current 29.321% to 21.522% following proposed capital raise of Rs 449.93 crore by Magma HDI by way of preferential issue to third party investors.
Previous News
  Poonawalla Fincorp consolidated net profit rises 642.65% in the December 2021 quarter
 ( Results - Announcements 02-Feb-22   08:14 )
  Poonawalla Fincorp gains as Q4 PAT soars 84% YoY; AUM at Rs 25,003 cr
 ( Hot Pursuit - 30-Apr-24   12:29 )
  Poonawalla Fincorp allots 66,438 equity shares under ESOP
 ( Corporate News - 27-Jul-22   09:19 )
  Poonawalla Fincorp disbursements jumps 52% YoY in Q4
 ( Hot Pursuit - 04-Apr-24   13:08 )
  Poonawalla Fincorp allots 1.29 lakh equity shares under ESOP
 ( Corporate News - 05-Mar-24   19:00 )
  Board of Poonawalla Fincorp approves sale of 4.53 cr shares held in Magma HDI
 ( Corporate News - 02-Nov-21   18:54 )
  Board of Magma Fincorp approves investment of Rs 500 cr in Magma Housing Finance
 ( Corporate News - 31-May-21   19:51 )
  Poonawalla Fincorp announces change in Chief Risk Officer
 ( Corporate News - 16-Sep-21   12:57 )
  Board of Magma Fincorp appoints CEO
 ( Corporate News - 31-May-21   19:53 )
  Poonawalla Fincorp slumps after Sebi bars MD, seven others for insider trading
 ( Hot Pursuit - 16-Sep-21   11:53 )
  Poonawalla Fincorp rises after Acuité upgrades rating to 'AAA' with 'stable' outlook
 ( Hot Pursuit - 11-Jan-24   12:52 )
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