On June 20, 2025, Poonawalla Fincorp Limited informed that the Finance Committee, as authorized by the Board of Directors of the Company had approved issuance of secured, redeemable, rated, listed, non-convertible debentures of face value of INR 1,00,000 each for an amount aggregating up to INR 1600,00,00,000, in dematerialized form, through private placement on the following terms and conditions: The NCDs are proposed to be listed on BSE Limited Total number of securities proposed to be issued or the total amount for which the securities will be issued 1,60,000 Secured, redeemable, rated, listed, non- convertible debentures of a face value of INR 1,00,000 each aggregating to INR 16,000 Crore in two series, under series PFL NCD series `C3' STRPP I Fiscal year 2025- 2026, 80,000 debentures of secured, redeemable, rated, listed, fully-paid non-convertible debentures of a face value of INR 1,00,000 with base issue of INR 8,000 million and PFL NCD series `C4' STRPP II Fiscal Year 2025-26 80,000 debentures of secured, redeemable, rated, listed, partly-paid non-convertible debentures of a face value of INR 1,00,000 with base issue of INR 8,000 million. The Obligations under the Debentures shall, till the Redemption Date, be secured by way of first ranking pari passu charge on the Hypothecated Properties which is sufficient to provide required Security Cover. Company shall pay coupon on the NCDs at a rate of 2% over and above the applicable coupon rate for any delay in payment of interest /principal amount of the NCDs for the period until such event of default is cured to the satisfaction of the Debenture Trustee (acting on the instructions of the Debenture-holders).