POONAWALLA

March 24 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• UNVEILS AI-POWERED UNDERWRITING SOLUTION

Source text: ID:nBSE5PSp14

Further company coverage: POON.NS

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March 4 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• AUTHORIZATION FOR INSPECTION ISSUED UNDER CGST ACT 2017

• STATE TAX OFFICER INITIATES INSPECTION AT COMPANY'S REGISTERED OFFICE

Source text: ID:nBSEbJJcRg

Further company coverage: POON.NS

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Feb 5 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• POONAWALLA FINCORP LTD - PARTNERS WITH SERVICENOW FOR AI-DRIVEN AUDIT AND GOVERNANCE

Source text: ID:nNSE3pCzg

Further company coverage: POON.NS

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Jan 31 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• DEC-QUARTER CONSOL NET PROFIT 187.3 MILLION RUPEES

• DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 10.57 BILLION RUPEES

• APPROVED FUND RAISE VIA NCDS UPTO 100 BILLION RUPEES

Further company coverage: POON.NS

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Jan 8 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES WORTH UP TO 1 BILLION RUPEES

• NON-CONVERTIBLE DEBENTURES ISSUE HAS GREEN SHOE OPTION OF UP TO 900 MILLION RUPEES

• 1.9 BILLION RUPEES NCD ISSUE VIA PRIVATE PLACEMENT

Source text: ID:nBSE4VGvCW

Further company coverage: POON.NS

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** Shares of non-banking financial co Poonawalla Fincorp POON.NS rise as much as 3.1% to 329.50 rupees

** POON says its AUM increased by 41% Y/Y to about 309.50 bln rupees ($3.6 bln), as on Dec 31, 2024

** Says Q/Q, the growth was 9%

** Says total disbursements during Q3FY25 were about 71.5 bln rupees, up 13.3% Q/Q

** More than 1.1 mln shares change hands, 0.6x of 30-day avg

** Avg rating of eight analysts equivalent of "buy", median PT is 360.50 rupees - LSEG data

** Stock fell 27.8% in 2024 after three consecutive years of gains

($1 = 85.8100 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Dec 10 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• POONAWALLA FINCORP LTD - APPOINTS SALIL HAJARNIS AS CTO

Source text: ID:nBSE3rhj7Q

Further company coverage: POON.NS

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** Shares of non-banking finance co Poonawalla Fincorp POON.NS fall as much as 3.3% to 341.60 rupees; last down 1.4%

** Co says Dhiraj Saxena resigns as chief technology officer

** Resignation letter says exit "due to harassment and un-necessary interventions" of chief human resources officer

** POON on track for third straight session of losses, if trend holds

** Avg rating of eight analysts covering POON at "buy" vs a "hold" rating for peer Mahindra and Mahindra Financial Services MMFS.NS - LSEG data

** POON's median PT is at 360.50 rupees - LSEG data

** Stock down ~20% so far this year, on track to snap three-year gaining streak; while MMFS is up ~1%

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

** Shares of Poonawalla Fincorp POON.NS extend losses to fall 13.7% to 309.50 rupees, hitting their lowest in over a year

** POON shares, which were down ~6% before results, fell as much as 15.9%

** Non-banking finance co posts a 4.71 billion rupee ($56 million) Sept-qtr consol net loss compared to a profit of 8.60 billion rupees a year earlier

** POON set for fourth straight session of losses

** Busiest session for the stock in over two months; more than 6.7 mln shares change hands, over four times the 30-day avg

** Avg rating of analysts covering the stock is "buy" while peer Mahindra and Mahindra Financial Services MMFS.NS is "hold"; POON's median PT is at 427.50 rupees - LSEG data

** Stock down ~30% so far this year vs a ~3% fall in MMFS

($1 = 84.0700 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

Oct 4 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• ASSETS UNDER MANAGEMENT GREW BY 40% YOY AS ON SEPT 30

Source text for Eikon: ID:nNSEb6jN4s

Further company coverage: POON.NS

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Aug 20 (Reuters) - Star Housing Finance Ltd STAO.BO:

• POONAWALLA FINCORP SANCTIONED TERM LOAN OF 100 MILLION RUPEES TO CO

Further company coverage: STAO.BOPOON.NS

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Aug 16 (Reuters) - India Cenbank:

• IMPOSES MONETARY PENALTY ON POONAWALLA FINCORP OF 1 MILLION RUPEES

Further company coverage: POON.NS

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July 4 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• TOTAL DISBURSEMENTS DURING Q1FY25 WERE UP 5% Y/Y

• AUM GREW BY 52% YOY AS ON JUNE 30

Source text for Eikon: ID:nBSEbYdq8D

Further company coverage: POON.NS

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** Shares of Poonawalla Fincorp POON.NS up nearly 4% at 507.80 rupees, among top gainers on Nifty mid-cap 100 index .NIFMDCP100

** POON says March-qtr consol profit jumped 83.9% y-o-y, interest income 52.7% higher

** Stock trading above 50-, 100-, 200-day moving avgs

** Avg rating of six analysts covering the stock is "buy", median price target is 530 rupees - LSEG

** POON up 13.8% YTD vs 10.7% rise in Nifty mid-cap index

(Reporting by Rama Venkat in Bengaluru)

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April 29 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• POONAWALLA FINCORP MARCH-QUARTER CONSOL NET PROFIT FROM CONTINUING OPERATIONS 3.32 BILLION RUPEES VERSUS 1.8 BILLION RUPEES

• POONAWALLA FINCORP LTD MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 9.15 BILLION RUPEES VERSUS 5.77 BILLION RUPEES

Source text for Eikon: ID:nNSE7gj3TZ

Further company coverage: POON.NS

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MUMBAI, April 4 (Reuters) - India's Poonawalla Fincorp POON.NS plans to raise 4.50 billion rupees ($53.90 million), which includes a greenshoe option of 3.75 billion rupees through the sale of bonds maturing in two years, two merchant bankers said on Thursday.

The company will pay a coupon of 8.32% and has invited bids from investors and bankers on Friday, the bankers said.

Here is the list of deals reported so far on April 4:

*Size includes base plus greenshoe for some issues

($1 = 83.4890 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)

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March 18 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• APPROVED EARLY RETIREMENT OF ABHAY BHUTADA AS MD

Source text for Eikon: ID:nNSE9YbcZM

Further company coverage: POON.NS

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MUMBAI, Feb 6 (Reuters) - India's Poonawalla Fincorp POON.NS has accepted bids worth 5 billion rupees ($60.2 million) for bonds maturing in two years, and in two years and three months, three merchant bankers said on Tuesday.

The company will pay a coupon of 8.38% on each issue and had invited bids from investors and bankers earlier in the day, the bankers said.

Here is the list of deals reported so far on Feb. 6:

*Size includes base plus greenshoe for some issues

($1 = 83.0525 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Savio D'Souza)

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MUMBAI, Feb 5 (Reuters) - India's Poonawalla Fincorp POON.NS plans to raise 5 billion rupees ($60.27 million) through sale of bonds maturing in two years, and another one in two years and three months, three merchant bankers said on Monday.

The company will pay a coupon of 8.38% on each issue, and has invited bids from investors and bankers on Tuesday, they said.

Here is the list of deals reported so far on Feb. 5:

* Size includes base plus greenshoe for some issues

($1 = 82.9610 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Sherry Jacob-Phillips)

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** Shares of Poonawalla Fincorp POON.NS up 3.2% in early session

** The non-banking financial co's Dec-qtr consol net profit from continuing ops up nearly 79% Y/Y, revenue up 53% Y/Y

** Stock trading above its 200-day moving avg since early-Nov

** Stock set to extend its three week rally, if gains continue

** Stock up 16.1% this year

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected]; +91 6001289066;))

Jan 18 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• POONAWALLA FINCORP LTD - DIVIDEND OF 2 RUPEES PER SHARE

• POONAWALLA FINCORP LTD - APPROVED RAISING OF FUNDS VIA ISSUANCE OF NON-CONVERTIBLE DEBENTURES FOR UP TO 40 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: POON.NS

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** Shares of Poonawalla Fincorp POON.NS up 1.7%, paring back early gains of ~3%

** Co says total loan disbursements for qtr ended Dec. 31 up 159% Y/Y; assets under management (AUM) grew by 57%

** Stock above its 200-day moving avg since early-Nov, and above 50- and 100-day avgs since early-Dec

** Avg analyst rating of POON is a "strong buy" per LSEG data; PT of 430 rupees is slightly below current market price

** Peers Mahindra & Mahindra Financial Services MMFS.NS and Cholamandalam Investment and Finance CHLA.NS are rated "buy" on average

** However, no analyst on POON has a "sell"-equivalent rating, while MMFS has 6 and CHLA has 2

** Stock rose 40% in 2023, outperforming 18% gain in MMFS but trailing 74% surge in CHLA

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

Nov 17 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• POONAWALLA FINCORP LTD- INCREASE IN RISK WEIGHT ON CO'S CONSUMER CREDIT EXPOSURE SHALL BE MARGINAL

• POONAWALLA FINCORP LTD- RESULTANT CAPITAL ADEQUACY WOULD BECOME ABOUT 40% FROM 42.2%

• POONAWALLA FINCORP LTD- DO NOT EXPECT ANY IMPACT OF INCREASED RISK WEIGHTS ON GROWTH TRAJECTORY AND PROFITABILITY

Source text for Eikon: ID:nBSEbCNxss

Further company coverage: POON.NS

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Oct 5 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• POONAWALLA FINCORP - CONTINUES TO HAVE AMPLE LIQUIDITY OF ABOUT 38 BILLION RUPEES AS ON SEPT 30

• POONAWALLA FINCORP LTD- TOTAL DISBURSEMENTS DURING Q2FY24 WERE HIGHEST EVER AT ABOUT 77.50 BILLION RUPEES, UP 149% YOY

• POONAWALLA FINCORP LTD - GNPA AND NNPA ARE EXPECTED TO IMPROVE FURTHER

• POONAWALLA FINCORP LTD - WILL STRIVE TO MAINTAIN NNPA BELOW 1%

Source text for Eikon: ID:nBSE42FW7v

Further company coverage: POON.NS

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July 26 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• CO CONSUMMATES CONTROLLING STAKE SALE OF ITS HOUSING FINANCE SUBSIDIARY POONAWALLA HOUSING FINANCE

• RECEIVED POST-TAX CONSIDERATION OF 30.04 BILLION RUPEES

• CONSUMMATION OF CONTROLLING STAKE SALE IN SUBSIDIARY TO PERSEUS SG PTE. LTD

Source text for Eikon: ID:nBSE38Jt67

Further company coverage: POON.NS

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July 24 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• INDIA'S POONAWALLA FINCORP JUNE-QUARTER CONSOL NET PROFIT 2.26 BILLION RUPEES VERSUS 1.41 BILLION RUPEES

• POONAWALLA FINCORP JUNE-QUARTER CONSOL INTEREST INCOME 6.51 BILLION RUPEES VERSUS 3.87 BILLION RUPEES

Source text for Eikon: ID:nBSE11m52V

Further company coverage: POON.NS

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July 12 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• TO CONSIDER BUYBACK OF NON-CONVERTIBLE DEBENTURES

Source text for Eikon: ID:nBSE7yQqCr

Further company coverage: POON.NS

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MUMBAI, July 6 (Reuters) - India's Poonawalla Fincorp POON.NS plans to raise funds through the issuance of commercial papers maturing in three months at a yield of 7.13%, two merchant bankers said.

Below is the list of deals reported so far on July 6

($1 = 82.5100 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)

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July 5 (Reuters) - Poonawalla Fincorp Ltd POON.NS:

• AUM GREW BY 41% YOY IN JUNE QUARTER

• TOTAL DISBURSEMENTS DURING Q1FY24 UP 143%, Y/Y

Source text for Eikon: ID:nBSE9VPX9r

Further company coverage: POON.NS

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** Shares of non-banking finance co Poonawalla Fincorp POON.NS rise 7.3% to an all-time high of 366.15 rupees

** Stock posts biggest intra-day climb since Dec. 26, 2022

** Over 7.9 mln shares change hands as of 11:28 am IST, 4.3X the 30-day moving average

** All seven analysts covering the stock rate it "buy" or "strong buy"; median PT is 367.5 rupees - Refinitiv data

** Stock extends YTD gains, currently up 15.1% from last year

(Reporting by Varun Vyas in Bengaluru)

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