Paisalo Digital Limited — Board Meeting, 23-12-2024: Outcome of Board Meeting

The Board meeting resulted in key approvals, including an amendment to the Articles of Association, pending shareholder approval at the upcoming Extraordinary General Meeting (EGM) on January 22, 2025. Additionally, the Board approved a preferential issue of up to 4.43 crore Convertible Equity Warrants at an issue price of ₹58.20 each, raising a total of ₹258.16 crore. This issuance is aimed at Non-Promoter public entities, and the EGM will address these matters alongside remote e-voting arrangements set for January 15, 2025.