Poonawalla Fincorp Limited · NSE:POONAWALLA

Poonawalla Fincorp — Merger or Acquisition (November 2021)

16 slides from Poonawalla Fincorp's merger presentation, Nov 3, 2021

  1. Slide 1: Exchange cover letter on proposed divestment

    November 2, 2021 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department The Listing Department, 25th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra- Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai - 400 051. BSE Scrip Code: 524000

  2. Slide 2: Proposed divestment of stake in Magma HDI General Insurance

    Proposed divestment of stake in Magma HDI General Insurance Mumbai, 2 November 2021: Poonawalla Fincorp Limited (“PFL”) is a joint venture partner in Magma HDI General Insurance Limited (“Magma HDI”), a general insurance company registered with Insurance Regulatory and Development Authority of India

  3. Slide 3: About Poonawalla Fincorp

    About Poonawalla Fincorp Poonawalla Fincorp Limited (earlier known as Magma Fincorp Limited) is a Cyrus Poonawalla group promoted NBFC- ND-SI that focuses on consumer and small business financing. The Company started operations nearly three decades back and is listed on the Bombay Stock Exchange and

  4. Slide 4: Poonawalla Fincorp Limited Media Release

    Poonawalla Fincorp Limited (Formerly known as Magma Fincorp Limited) Media Release 2 November 2021

  5. Slide 5: Proposed sale of stake in Magma HDI General Insurance Limited

    Proposed sale of stake in Magma HDI General Insurance Limited

  6. Slide 6: Background of Insurance JV

    Background of Insurance JV ● Magma HDI General Insurance Co. Ltd. (“Magma Rising Sun Holdings HDI”) was set up as a JV between Poonawalla Fincorp (“RSH”) Limited (“PFL”), Celica Developers, Jaguar Advisory & HDI Global SE 60% Celica Developers Poonawalla Fincorp (“PFL”) (Formerly Magma Fincorp) ● On

  7. Slide 7: Regulatory requirements

    Regulatory requirements ⚫ In May 2021, consequent to Rising Sun Holdings Private Limited (“RSH”) acquiring 60% of PFL, PFL has become a subsidiary of RSH ▪ Insurance Regulatory and Development Authority (“IRDAI”) Registration of Insurance Companies Regulations require that an Indian Promoter of an I

  8. Slide 8: Proposed Shareholding Structure

    Proposed Shareholding Structure Mr Adar Overview ● PFL will sell its direct and indirect Poonawalla shareholding in Magma HDI to Sanoti Serum 100% Properties LLP, an entity owned by Institute Rising Sun Promoter group of PFL Holdings (“RSH”) 10% 60% Advantages ● Structure addresses Regulatory issues

  9. Slide 9: Valuation Consideration

    Valuation Consideration ⚫ Independent valuation from Corporate Professionals Valuation Services Private Limited, Registered Valuer ⚫ Proposed valuation is higher than the preferential allotment price being paid by ICICI Ventures and Morgan Stanley Private Equity; which is awaiting Regulatory approva

  10. Slide 10: Sale of PFL shareholding in Jaguar Advisory

    Sale of PFL shareholding in Jaguar Advisory

  11. Slide 11: Background

    Background ⚫ Jaguar Advisory is an entity held 48.89% by PFL, 48.89% by Celica Developers and 2.22% by HDI Global Poonawalla Fincorp (“PFL”) (Formerly Magma Fincorp) Celica ⚫ Jaguar Advisory presently holds 14.5% stake in Magma Developers HDI & Redeemable Preference Shares of Microfirm Capital Pvt.

  12. Slide 12: Overall impact to PFL: Sale of stake in Magma HDI and Jaguar Advisory

    Overall impact to PFL : Sale of stake in Magma HDI and Jaguar Advisory

  13. Slide 13: Pro-forma inflow for PFL

    Pro-forma inflow for PFL Amount in Rs cr Gross P&L Gross inflow impact 1. Sale of stake in Magma HDI 361.39 252.21 2. Sale of stake in Jaguar Advisory 99.66 99.64 Total 461.05 351.85 10

  14. Slide 14: Proposed transactions: Consideration for PFL

    Proposed transactions: Consideration for PFL Regulatory view ● Fully compliant shareholding structure both from RBI and IRDAI guidelines perspective ⚫ Enables PFL to focus on its core lending business Realignment of ⚫ Free’s up capital for profitable growth and avoids drag of initial losses in high

  15. Slide 15: Disclaimer

    This presentation has been prepared by Poonawalla Fincorp Limited (the “Company”), for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form part of any off

  16. Slide 16: Disclaimer (continued)

    The information contained in these materials has not been independently verified. None of the Company, its directors, promoter or affiliates, nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether aris

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