{
  "id": 2384765,
  "title": "Poonawalla Fincorp raises ₹150 crore via 8.43% Tier II debentures",
  "url": "https://urgent.news/2026/08/21/poonawalla-fincorp-raises-150-crore-via-8-43-tier-ii-debentures",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T13:56:22.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/money-and-banking/poonawalla-fincorp-raises-150-crore-via-843-tier-ii-debentures/article71373977.ece"
  },
  "original_language": "en",
  "account": null,
  "summary": "Poonawalla Fincorp Limited has successfully raised ₹150 crore through the issuance of 8.43% Tier II debentures, with the company allotting 15,000 unsecured, subordinated, non-convertible debentures (NCDs) on August 21, 2026. The debentures, each with a face value of ₹1 lakh, will mature on April 24, 2036, offering investors a coupon rate of 8.4308 percent per annum. The total amount raised, including accrued interest and a discount, amounted to ₹153.54 crore. The instruments are unsecured and carry a penalty coupon of 2 percent above the applicable rate for delayed payments. Poonawalla Fincorp's shares, meanwhile, closed at ₹490.05 on the NSE, down 0.81 percent from the previous close, with a market capitalization of ₹43,233 crore and a price-to-earnings ratio of 55.28.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}