Paisalo Digital Limited — Important, 15-05-2025: Committee Meeting Updates

Paisalo Digital Limited has approved a private placement of non-convertible debentures (NCDs) worth up to ₹50 Cr with a 24-month tenure and 10% annual coupon paid monthly. These secured NCDs will be listed on BSE and backed by a first-ranking charge on loan receivables, ensuring security coverage of 1.10 times the principal. A 2% penalty applies on delayed interest or principal payments. This funding will strengthen Paisalo’s capital base and support its growth initiatives.