Hot Pursuit     12-Jan-23
Poonawalla Fincorp board to mull fund raising upto Rs 4,000 cr
Poonawalla Fincorp said that its board will consider raising of funds through issue of non-convertible debt securities aggregating upto Rs 4000 crore in its meeting to be held on 23 January 2023.
The issue will be done on private placement basis during the financial year 2023-2024.

Poonawalla Fincorp is a Cyrus Poonawalla group promoted non-deposit taking systemically important non-banking finance company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).

The company's consolidated net profit soared 70.8% to Rs 163.12 crore on 27.1% jump in total income to Rs 654.89 crore in Q2 FY23 over Q2 FY22.

Shares of Poonawalla Fincorp declined 2.27% to end at Rs 288.40 on the BSE.

Previous News
  Poonawalla Fincorp consolidated net profit rises 67.21% in the March 2024 quarter
 ( Results - Announcements 29-Apr-24   17:18 )
  Poonawalla Fincorp spurts after strong Q3 numbers
 ( Hot Pursuit - 24-Jan-23   09:59 )
  Poonawalla Fincorp to convene AGM
 ( Corporate News - 29-Apr-24   17:15 )
  Poonawalla Fincorp consolidated net profit rises 118.35% in the June 2022 quarter
 ( Results - Announcements 27-Jul-22   18:04 )
  CRISIL reaffirms Poonawalla Fincorp's long-term rating at 'AAA/Stable'
 ( Hot Pursuit - 07-Jun-23   11:09 )
  Poonawalla Fincorp allots 1.86 lakh equity shares under ESOP
 ( Corporate News - 12-Aug-21   13:41 )
  Magma Fincorp consolidated net profit declines 41.98% in the December 2020 quarter
 ( Results - Announcements 08-Feb-21   08:18 )
  Poonawalla Fincorp consolidated net profit rises 45.59% in the December 2023 quarter
 ( Results - Announcements 18-Jan-24   16:13 )
  Poonawalla Fincorp allots 87,115 equity shares under ESOP
 ( Corporate News - 16-Jul-22   11:48 )
  Poonawalla Fincorp receives upgrade in credit ratings
 ( Corporate News - 18-Oct-21   19:35 )
  Poonawalla Fincorp grants 42 lakh awards under Magma Restricted Stock Option Plan
 ( Corporate News - 12-Aug-21   13:40 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top