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Fundraise / allotmentNotableFiled on BSE ·

Poonawalla Fincorp announces qualified institutions placement and pricing details

Poonawalla Fincorp · Finance

Arthneeti Research DeskPublished 1 min read
5%Fundraise / allotment

Key highlights

  • Committee of Directors approved opening of qualified institutions placement on April 9, 2026
  • Preliminary placement document and application form dated April 9, 2026 approved for the issue
  • Floor price set at ₹390.26 per equity share; company may offer up to 5% discount as per SEBI regulations

Why it's rated notable: The Committee authorised opening a qualified institutions placement of equity shares today at a floor price of ₹ 390.26 per Equity Share, but the filing states no issue size, so the level stays at medium.

Original filing

Outcome Of The Meeting Of The Committee Of Directors Comprising Of Board

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.