Multibagger stock, Aug. 25 -- Poonawalla Fincorp shares will be the focus of stock market investors on Tuesday, 26 August 2025, after the non-banking financial company's (NBFC) board of directors approved the allotment of non-convertible debentures (NCDs) worth Rs.350 crore.
The company disclosed that the board approved the allotment of 35,000 secured, redeemable, rated, listed, non-convertible debentures with a face value of Rs.1 lakh apiece, amounting to Rs.350 crore.
"We hereby inform you that the Finance Committee vide resolution dated 20 August 2025, as authorized by the Board of Directors of the Company has approved allotment of 35,000 secured, redeemable, rated, listed, non-convertible debentures of the face value of Rs.1,00,000 ...
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