New Delhi, Sept. 18 -- Poonawalla Fincorp share price jumped 15 per cent to hit a 52-week high on the BSE in intraday trade on Thursday, September 18. Poonawalla Fincorp share price opened at Rs.450.15 against its previous close of Rs.447.70 and surged as much as 14.7 per cent to hit its 52-week high of Rs.513.30.

Shares of the company surged after the company said its board had approved the preferential allotment of 3.3 crore shares to promoter Rising Sun Holdings Private Limited.

In an exchange filing after market hours on September 17, Poonawalla Fincorp said that its board gave its nod to allot 3,31,48,102 shares to Rising Sun Holdings Private Limited.

"This is furtherance to our intimations dated July 25, 2025 and August 25, 2025,...