Paisalo Digital Limited — Important, 03-06-2025: Committee Meeting Updates

Paisalo Digital Limited has announced a board meeting on the allotment of 5,000 senior secured non-convertible debentures (NCDs) via private placement. Each NCD carries a face value of ₹1 lakh, a 24-month tenure, and a 10% annual coupon paid monthly. The NCDs are backed by a first-ranking charge on loan receivables with security at 1.10 times the principal. Principal repayment will be made in a lump sum at maturity. This debt raise enhances Paisalo’s capital base to fuel its lending business.