Paisalo Digital Limited — Important, 05-08-2025: Committee Meeting Updates

Paisalo Digital's Operations and Finance Committee has approved raising capital through a private placement of Non-Convertible Debentures (NCDs). The company plans to issue NCDs worth up to ₹50 Crore, comprising a base issue of ₹25 Crore with an option to retain over-subscription of another ₹25 Crore. These NCDs will have a tenure of 36 months, offering an annual interest rate of 9.75%, with interest paid quarterly. The NCDs will be secured by loan receivables, maintaining a value of 1.10 times the outstanding principal. This issuance strengthens the company's financial position, providing funds for its lending operations.