Mumbai, Sept. 18 -- The shares have been issued at Rs 452.51 per share, including a premium of Rs 450.51, under the preferential issue route. With this, the company's paid-up equity share capital has gone up to Rs 1,624.7 crore from Rs 1,558.4 crore earlier.

The firm received in-principle approvals from both the NSE and BSE earlier this week for the issue, which is in line with SEBI's capital raising norms. The newly issued shares will rank pari passu with the existing equity shares of the company.

As on March 2025, Rising Sun Holdings held 62.53% stake in the company.

Poonawalla Fincorp is a Cyrus Poonawalla group promoted non-deposit taking systemically important non-banking finance company (ND-SI-NBFC), registered with the Reserve B...