Description

Poonawalla Fincorp Limited has listed 3.31 crore equity shares issued to promoters on a preferential basis at Rs. 452.51 per share, with lock-in period until April 20, 2027.

Summary

BSE has announced the listing of 3,31,48,102 equity shares of Poonawalla Fincorp Limited (Scrip Code: 524000) issued on a preferential basis to promoters. The shares were allotted on September 17, 2025, at an issue price of Rs. 452.51 per share (face value Rs. 2 plus premium of Rs. 450.51) and will commence trading from October 17, 2025. All allotted shares are subject to a lock-in period until April 20, 2027.

Key Points

  • 3,31,48,102 new equity shares of face value Rs. 2 each listed
  • Issued to promoters on preferential basis
  • Issue price: Rs. 452.51 per share (Rs. 2 face value + Rs. 450.51 premium)
  • Date of allotment: September 17, 2025
  • Trading commencement date: October 17, 2025
  • Distinctive numbers: 779208597 to 812356698
  • ISIN: INE511C01022
  • New shares rank pari-passu with existing equity shares
  • Complete lock-in on all 3.31 crore shares until April 20, 2027

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for preferential allotment of equity shares to promoters in compliance with SEBI regulations.

Compliance Requirements

  • Trading members must note the new securities are available for trading from October 17, 2025
  • All shares are under complete lock-in and cannot be transferred or sold until April 20, 2027
  • The lock-in applies to distinctive numbers 779208597 to 812356698
  • Promoters must comply with lock-in restrictions as per SEBI (Issue of Capital and Disclosure Requirements) Regulations

Important Dates

  • Allotment Date: September 17, 2025
  • Trading Commencement: October 17, 2025
  • Lock-in Expiry: April 20, 2027
  • Notice Date: October 16, 2025

Impact Assessment

Capital Structure Impact: The preferential allotment represents significant capital infusion at a substantial premium (Rs. 450.51 over face value of Rs. 2), indicating strong promoter confidence and commitment to the company.

Shareholding Impact: Promoter shareholding will increase by 3.31 crore shares, strengthening promoter stake and potentially improving market sentiment regarding management commitment.

Trading Impact: Limited immediate impact on tradable float as all newly issued shares are locked-in until April 2027. No dilution pressure on existing shareholders in the near term.

Market Sentiment: Preferential allotment to promoters at premium pricing typically viewed positively as it demonstrates promoter faith in company’s future prospects and provides additional capital for business operations.

Liquidity Impact: Minimal impact on stock liquidity until lock-in expiry in April 2027.

Impact Justification

Material preferential allotment to promoters representing significant capital infusion with 18-month lock-in period, affecting shareholding structure but limited immediate trading impact due to lock-in restrictions