Poonawalla Fincorp Shareholders Clear Fund-Raising Plan and Board Appointment via Postal Ballot

Poonawalla Fincorp Limited ( (IN:POONAWALLA) ) has shared an announcement.

Poonawalla Fincorp Limited announced that shareholders have approved two special resolutions via a postal ballot conducted through remote e-voting, with the results declared on February 19, 2026, and hosted on the company’s website. Investors cleared a proposal to raise funds through the issue of equity shares of ₹2 each and/or other eligible convertible securities, and also ratified the appointment of Vikas Pandey as a whole-time (executive) director, signaling support for both the company’s capital-raising plans and its leadership structure.

More about Poonawalla Fincorp Limited

Poonawalla Fincorp Limited is a listed non-banking financial services company in India, focusing on lending through equity and other securities, and is traded on both BSE and the National Stock Exchange under the symbol POONAWALLA. The company engages with institutional investors via qualified institutions placements and other permissible capital-raising modes as part of its growth and funding strategy.

Average Trading Volume: 84,124

Technical Sentiment Signal: Strong Buy

Current Market Cap: 387.6B INR

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