ALPHA TRIBE

Paisalo Digital LimitedImportant, 15-01-2025: Committee Meeting Updates

15-01-2025 | 11:53 am

The FCCB Committee of Paisalo Digital Limited has approved the allotment of 37,35,274 equity shares following the conversion of 2000 Foreign Currency Convertible Bonds (FCCBs). This move increases the company's fully paid-up equity capital from ₹89.80 crore to ₹90.18 crore.

This change may enhance the company’s capital structure, potentially improving financial flexibility. Investors might view this as a positive outlook, indicating effective capital management and growth strategy.

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