NCDs to mature in 2036
The NCDs, each with a face value of ₹1 lakh. The aggregate amount received stood at ₹153.54 crore, including accrued interest of ₹4.12 crore and a discount of ₹57.97 lakh. The instruments mature on April 24, 2036, a tenure of approximately 3,534 days from allotment, and will be listed on the Debt Market Segment of BSE Limited.
Shares close lower on NSE
On the equity side, Poonawalla Fincorp shares closed at ₹490.05 on the NSE, down 0.81 per cent from the previous close of ₹494.05, with a trading volume of 7.48 lakh shares worth ₹36.88 crore. The stock touched an intraday high of ₹499.55 before retreating. The company’s total market capitalisation stood at ₹43,233 crore.
The stock trades at a price-to-earnings multiple of 55.28 and has returned approximately 8.93 per cent over the past year, underperforming the broader NIFTY 500’s 1.70 per cent gain over the same period.
