Poonawalla Fincorp Limited announced key decisions from its Board meeting held on January 16, 2026. The company approved the unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025, along with limited review reports from its joint statutory auditors.

In a significant move to bolster its capital base, the board in-principally approved raising funds through a Qualified Institutions Placement (QIP) of equity shares, or any other permissible mode, for an aggregate amount not exceeding ₹5,500 crore. Additionally, the company approved raising funds through the issuance of non-convertible debt securities on a private placement basis for the financial year 2026-27, with an amount of up to ₹20,000 crore.

The board also approved the appointment of Mr. Vikas Pandey as an Additional Director and Whole-time Director (Executive Director) for a period of five years, effective January 16, 2026. Mr. Pandey, an alumnus of UC Berkeley with over two decades of experience in retail banking and business management, will also serve as a Key Managerial Personnel. The company will seek shareholder approval for the QIP and the appointment of Mr. Pandey through a postal ballot process.

The financial results for the quarter ended December 31, 2025, showed a profit after tax of ₹150.22 crore for the standalone entity and ₹287.02 crore for the consolidated entity. The Board meeting commenced at 2:15 PM and concluded at 3:40 PM.