Poonawalla Fincorp share news, announcements and annual reports
NSE: POONAWALLABSE: 524000FinanceMid Cap
Poonawalla Fincorp Limited · Formerly Magma Fincorp · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Sep 1993 on BSE, Apr 2004 on NSE
Last close ₹461.70up ₹20.20 (4.58%)BSE ₹462.30
Share price at the NSE close on 30 Oct 2026. Previous close ₹441.50.
30 Oct: open ₹438.00, high ₹468.00, low ₹427.15
52-week range of traded prices to 30 Oct 2026
₹361.20Low, 30 Mar 2026₹511.90High, 14 Aug 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹40,657 Cr241st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 37.38
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.96
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 9.2%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 7.30%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Cost of funds in the glossary
- 7.48%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Credit cost in the glossary
- 2.49%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 1.14%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Assets per rupee of net worth in the glossary
- 5.15times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,31,26,60535.6% delivered
Poonawalla Fincorp share news and announcements
1,669 announcements, routine notices left out, newest first. Page 33 of 34.
Dec 2008
30 Dec · Updates
Pursuant to a Scheme of Arrangement under Sections 391 and 394 of the Companies Act, 1956, by an order of the Hon'ble High Court at Calcutta dated December 05, 2007 (effective from March 28, 2008), 8449944 equity shares having a face value of Rs.10/- each, constituting 38.80% of the total issued and paid up equity share capital of Magma Fincorp Limited held by Celica Developers Private Limited and Microfirm Softwares Private Limited (Transferor Companies) were transferred to and vested in Glacier Farms Private Limited (Transferee Company). Both the Transferor and Transferee Companies petitioned for recalling of the Order for inter alia the following reasons: 1) The global financial crisis which affected the Indian stock markets, consequently making the scheme of arrangement unviable and unprofitable for the shareholders of both the Transferor and Transferee Companies. 2) Due to the economic crisis and down trend in the market conditions, it would not be possible for the Transferee Company to achieve high scale of operation in the investment division sought to be transferred pursuant to the scheme of arrangement. The majority of unsecured loan liability undertaken by the Transferor Company pursuant to the scheme of arrangement was to be repaid out of the expected capital appreciation of the investment division transferred pursuant to the scheme of arrangement which at present as well as in near future does not seem possible due to decline in the market condition, in particular the finance sector. 3) The facts subsequent to the passing of the Order are such that the Scheme of Arrangement would not be in the interest of the Transferor Companies or Transferee Company or any of their shareholders. The reasons for which the scheme of arrangement was formulated between the Transferor Companies and Transferee Company had ceased to exist. Further the Company has informed that Prior Order sanctioning the Scheme of Arrangement has been recalled and is declared void ab initio by the Hon'ble High Court at Calcutta vide its order dated November 26, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Dec · Management
Chief Financial Officer (CFO) of the Company Mr. Anjan Mitra has resigned from the services of the Company and will be relinquishing the office with effect from the close of business hours on December 22, 2008.
Nov 2008
7 Nov · Updates
Viper Estates and Investments Pvt. Ltd. has ceased to be a Subsidiary of our Company with effect from 31st October, 2008.
Oct 2008
22 Oct · Management
Board of Directors of the Company at their meeting held today i.e. October 22, 2008 have appointed Mr. K.N. Bhandari and Mr. Nabankur Gupta as Additional Directors of the Company in terms of Section 260 of the Companies Act, 1956 to hold office till the next Annual General Meeting of the Company. They have been appointed as Non Executive Independent Directors of the Company. Mr. Ashish Moti Chugani, who was Alternate Director to Mr. Neil Graeme Brown has resigned from the Board of Directors and the Board took on record the same at their meeting held today i.e. October 22, 2008. Further, Mr. Bodhishwar Rai, a Non Executive Independent Director of the Company, has expired on October 16, 2008 and consequently he has ceased to be a Director of the Company from that date.10 Oct · Board meeting
Meeting on 22 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
Aug 2008
25 Aug · Name Change
Members of the Exchange are hereby informed that the name of Magma Shrachi Finance Limited shall be changed to Magma Fincorp Limited w.e.f. September 01, 2008.7 Aug · Meeting
Proceedings of the Annual General Meeting of the Shareholders of the Company held on July 23, 2008. A copy of same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Aug · Name Change
Name of the Company has been changed from Magma Shrachi Finance Limited to Magma Fincorp Limited with effect from July 31, 2008 pursuant to the issue of a Fresh Certificate of Incorporation dated July 31, 2008 by the Register of Companies- West Bengal consequent upon Change of Name of the Company.
Jul 2008
23 Jul · Name Change/others
Change in the name of the Company from MAGMA SHRACHI FINANCE LIMITED to MAGMA FINCORP LIMITED, subject to necessary approvals. Further, the company has informed the Exchange regarding the Outcome of the Annual General Meeting held on July 23, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Jul · Business
Press release dated July 21, 2008, with respect to Unaudited Financial Results for the quarter ended June 30, 2008". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Jul · Board meeting
Meeting on 21 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
Jun 2008
27 Jun · Dividend
Subject to the approval of the Shareholders of the Company at the forthcoming Annual General Meeting to be held on July 23, 2008, the dividend to be declared shall become payable on and after July 23, 2008.18 Jun · Meeting
Board of Directors have decided to hold the Annual General Meeting of the Company on July 23, 2008 . Further, the Share transfer books shall remain closed from July 16, 2008 to July 23, 2008 for the purpose of Annual General Meeting and Payment of dividend.
May 2008
27 May · Business
Press release dated May 27, 2008, titled "Magma launches Personal Loan; Product to be rolled out pan India by June end". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 May · Updates
Information required under the provision of Clause 20 of the Listing Agreement. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 May · Business
Press release dated May 19, 2008, titled "Magma Shrachi Finance Ltd: Q4 & FY2008 Results Release". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 May · Dividend
Board of Directors of the Company at its meeting held on May 19, 2008 have proposed a dividend of 20% on its Equity Shares and 9.7%, 5%, 7.82%, 0.50% respectively on the various series of its Preference Shares, for the year ended March 31, 2008.7 May · Board meeting
To inter-alia: (1) Approve and take on record the Audited Financial Results for the year ended March 31, 2008. (2) Consider the matter of proposing and/or recommending dividend on Equity and Preference Shares for the year ended March 31, 2008.
Apr 2008
7 Apr · Results
Company would be submitting its Audited Financial Results for the financial year ended March 31, 2008 within a period of 3 months from the end of the last quarter i.e. by June 30, 2008.
Mar 2008
17 Mar · Results
Vide its letter dated March 15, 2008 that: "The results of the Postal Ballot as submitted by Ms. Swati Bajaj of M/s. PS & Associates, Company Secretaries, the scrutinizer appointed for conducting the Postal Ballot pursuant to Section 192A of the Companies Act 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 for increase in the Borrowing Limit of the Company from existing Rs. 1,000 Crores to Rs. 2,500 Crores under Section 293 (1)(d) of the Companies Act, 1956 were declared today and the Ordinary Resolution as proposed in this connection for Shareholder's approval was duly taken on record as passed by simple majority as per the contents of the Scrutinizer's report". Further the Company has also submitted a copy of the minutes of the proceedings alongwith Scrutinizer's report. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2008
4 Feb · Allotment of Equity Shares
The Company at its Management Committee Meeting of the Board of Directors (which has been authorized in this regard) held today i.e. 4/2/2008 has allotted 16,14,300 Equity Shares of Rs.10/- each to the holders of 30,00,000 - 5% Optionally Convertible Preference Shares (OCPS) at a conversion price of Rs.200/- per equity share. The allotment was made pursuant to the terms and conditions of the issue of OCPS which was issued by the Company on preferential basis on 4/8/2006. The said equity shares shall rank pari passu in all respects with the existing equity shares. The paid up equity share capital of the Company shall now stand increased from 2,01,62,840 equity shares of Rs.10 each aggregating to Rs.20,16,28,400 to 2,17,77,140 equity shares of Rs.10 each aggregating to Rs.21,77,71,4004 Feb · Meeting
At the Meeting of the Management Committee of the Board of Directors of the Company (which has been authorized in this regard) held today i.e. 4/2/2008 it has been proposed to increase the present borrowing limit of the Company from Rs. 1000 crs to Rs. 2500 crs. The approval of the members of the company under Section 293 (1)(d) of the Companies Act, 1956 is required to be taken for the increase in the borrowing limit. The Committee proposed to pass the resolution by means of Postal Ballot route as provided in the provisions of Section 192 A and other applicable provisions, if any, of the Companies act, 1956, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. M/s PS & Associates., Practising Company Secretaries, kolkata, have been appointed as Scrutinizers for conducting the postal ballot voting process in a fair and transparent manner. The Voting Rights of the Members shall be reckoned as on 2nd February, 2008 which is the cut off date
Jan 2008
25 Jan · Business
Press release dated January 25, 2008, titled "Magma Shrachi Finance Ltd: Q3 & 9M FY2008 Results Release". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.11 Jan · Board meeting
Meeting on 25 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
Oct 2007
29 Oct · Management
Vide its letter dated October 27, 2007 that "At the Board Meeting of the Company held today, Mr. Ashish Moti Chugani has been appointed as the Alternate Director to Mr. Neil Graeme Brown, Director of the Company w.e.f. 29th October 2007."29 Oct · Business
Press release dated October 27, 2007, with respect to its Unaudited Financial result for the Quarter and first half year ended September 30, 2007. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Oct · Grant of Options
The Remuneration Committee of the Board of Directors which has been authorized in this regard has on 12th October, 2007 granted 3,50,800 Options under Magma Employee Stock Option Plan, 2007 to the eligible employees of the Company. The Vesting and Exercise of Options etc will be as per the details given below:- (1) Grant Date: 12.10.2007; % of total Options eligible for vesting: 30%; Vesting Date: 12.10.2009; Option Termination Date: 12.10.2012; (2) Grant Date: 12.10.2007; % of total Options eligible for vesting: 30%; Vesting Date: 12.10.2010; Option Termination Date: 12.10.2013; (3) Grant Date: 12.10.2007; % of total Options eligible for vesting 20%; Vesting Date: 12.10.2011; Option Termination Date: 12.10.2014; (4) Grant Date: 12.10.2007; % of total Options eligible for vesting: 20%; Vesting Date: 12.10.2012; Option Termination Date: 12.10.2015. The exercise price will be Rs 180/- per option. Each single option will get converted into one equity share of Rs 10/- each8 Oct · Board meeting
To inter alia, approve and take on record the Un-Audited Financial Results of the Company for Quarter ended September 30, 2007 together with the Limited Review Report of Statutory Auditors thereon.
Sep 2007
14 Sep · Meeting
Proceedings of the Annual General Meeting of the shareholders of the Company held on September 04, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Sep · Business
Press release dated September 04, 2007, titled "Magma Shrachi announces 20% Dividend". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Sep · Meeting
Outcome of the Annual General Meeting of the company held on September 04, 2007. The details of the business transacted at the AGM shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2007
10 Aug · Business
Company has on August 10, 2007, entered into an Agreement with M/s. International Tractors Limited (ITL), manufacturer of Sonalika Brand of Tractors, for the purpose of setting up a joint venture company for the sole purpose of financing tractors manufactured by them under the Brand name "Sonalika". The proposed Joint Venture will have Paid up share capital of Rs.25 Crores. Magma will hold 74% of the share capital and ITL will hold 26%. A copy of the press release in respect of the above matter dated August 10, 2007, titled "Magma & Sonalika enter into Joint-Venture" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Aug · Meeting
Notice of Annual General Meeting of the Shareholders of the Company scheduled to be held on September 04, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Aug · Results
August 03, 2007, that: "The results of the Postal Ballot as submitted by Mr. A. K. Labh of M/s A. K. Labh & Co., Company Secretaries, the scrutinizer appointed for conducting the postal ballot pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 for alteration in Objects Clause of the Memorandum of Association of the company in terms of Section 17 of the said Act were declared today and the Special Resolution as proposed in this connection for Shareholders' approval was duly taken on record as passed by more than two third majority as per the contents of the Scrutinizer's report". A copy of the Scrutinizer's Report alongwith a copy of the minutes of the proceedings shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2007
30 Jul · Business
Press release dated July 30, 2007, titled "Q1 FY2008 - Total asset base up 71% to Rs.59 billion as on 30 June 2007". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Jul · Change of name of the Company
Members of the Exchange are hereby informed that the name of Magma Leasing Limited shall be changed to Magma Shrachi Finance Limited w.e.f. July 27, 2007.16 Jul · Disclosure
Details of 16,72,914 shares of Magma Leasing Ltd allotted to them as per Regulation 7(1) of SEBI (Substantial Acquisition of shares and takeovers) Regulations, 1992. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.16 Jul · Board meeting
To consider inter alia the Unaudited Financial Results for the First Quarter ended June 30, 2007 together with the Limited Review Report.2 Jul · Miscellaneous
Information required under the provision of Clause 20 of the Listing Agreement. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Jul · Meeting
Board of Directors have decided that the Annual general Meeting of the Company will be held on September 04, 2007. Further the Company has informed that the Transfer Books of the Company shall be closed from August 28, 2007 to September 4, 2007 (both days inclusive) for the purpose of Annual General Meeting and payment of dividend on Equity Shares for the year ended March 31, 2007.2 Jul · Dividend
Board of Directors of the Company at their Meeting held on June 30, 2007 have proposed a dividend of 20% on the Equity Shares for the year ended March 31, 2007.2 Jul · Business
Press release in respect of the Company's performance for the Financial year ended March 31, 2007, dated June 30, 2007, titled "Total asset base at Rs.57,425 million as on 31 March 2007; Disbursements increased by 40% to Rs.25,441 million". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jun 2007
21 Jun · Change of name of the Company
The name of the Company has changed from MAGMA LEASING LIMITED to MAGMA SHRACHI FINANCE LIMITED with effect from 19th June, 2007 pursuant to the issue of a Fresh Certificate of Incorporation dated 19th June, 2007 by the Registrar of Companies. West Bengal consequent upon Change of Name of the Company21 Jun · Meeting
Proceedings of the Extra Ordinary General Meeting of the Company held on the June 05, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Jun · Board meeting
To consider inter alia the following:- 1) The Audited Financial Results for the Financial Year ended March 31, 2007. 2) Declaration of Dividend, if any.15 Jun · Board meeting
Board of Directors of the Company at their Meeting held on June 15, 2007, have resolved the following issues:- (1) That the Company has approved the alteration in the "Objects Clause" of the Company. (2) That the Company intends to carry out the abovementioned change through the route of Postal Ballot pursuant to the provisions of Section 192A of the Companies Act, 1956 and the Companies (Passing of Resolution by Postal Ballot) Rules, 2001. (3) That M/s. A.K. Labh & Co, Company Secretaries, have been appointed as the Scrutinizer for the said Postal Ballot in accordance with the guidelines specified in this regard. (4) That the Postal Ballots shall be dispatched to the Equity Shareholders of the Company as on June 22, 2007, by June 26, 2007. The Company has also submitted a certified copy of the resolution passed in this regard. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.14 Jun · Change of name of the Company
Pursuant to the Meeting of the Equity Shareholders of the Company held on the 5th day of June, 2007, the name of the Company has changed from "MAGMA LEASING LIMITED" to "MAGMA SHRACHI FINANCE LIMITED". The new name of the Company shall become effective on obtaining the Fresh Certificate of Incorporation pursuant to Change of Name12 Jun · Board meeting
To consider inter alia a change in the Objects Clause of the Company pursuant to the provisions of Section 192A of the Companies Act, 1956 and the Companies (Passing of Resolution by Postal Ballot) Rules, 2001.5 Jun · Meeting
Equity Shareholders of the Company at the Extra Ordinary General Meeting held on June 05, 2007 have approved and passed the resolutions as appearing in the Notice dated May 08, 2007 for the above Meeting. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
May 2007
15 May · Meeting
Notice of Extra Ordinary General Meeting of the Members of the Company to be held on June 05, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.