Paisalo Digital Limited — Others, 08-04-2025: Shareholders meeting

Paisalo Digital Limited has announced a board meeting to discuss key changes including the appointment of Mr. Vinod Kumar as Director for five years and as Executive Director, starting February 4, 2025. His annual remuneration is proposed at ₹50.16 lakh, subject to minimum payment even with inadequate profits. Additionally, Mrs. Nisha Jolly is set for reappointment as a Non-Executive Independent Director for another five years from May 30, 2025, despite turning 75 in 2027, reflecting ongoing governance efforts. The company will also consider appointing Mr. Jitendra Kumar Ojha as a Non-Executive Independent Director for a three-year term, enhancing new leadership perspectives. Furthermore, a special resolution will be voted on to raise ₹27,000 million through equity and other securities to support growth initiatives. This move is likely to enhance fundraising capability, positioning Paisalo well to capture future business opportunities and improve capital adequacy, thus fostering a positive outlook among investors.