Investor Presentaiton slide image

Investor Presentaiton

PHFL Transaction - Update & Rationale Update Poonawalla Fincorp announced sale of its Housing Subsidiary P In Q3FY23, Poonawalla Fincorp board approved sale of its housing subsidiary Poonawalla Housing Finance Limited to TPG (Perseus SG Pte. Ltd., an entity affiliated with TPG Global, LLC) at a valuation of INR 3,900 Crores. Shareholders approval has been received and regulatory approval is under process. ► Shareholder Value Maximization Maximize the shareholders' value in the long term as Poonawalla Fincorp focusses on building a Tech-Led and Digital-First financial services company, with leadership in consumer & MSME financing. Rationale ► Differentiated Business Models In the best interest of both the entities and all stakeholders considering the different customer segments, geographies, and distribution model. Poonawalla Fincorp will continue to focus on its growth coming from Tech-Led businesses and a branch- lite model while Poonawalla Housing. will follow its own differentiated path as a completely independent business. ► Resource Optimization and Focus Will help both the entities focus on maximizing value creation by optimizing resource allocation and increasing management focus on their respective business needs. 25
View entire presentation