Paisalo Digital Limited — Important, 04-09-2025: Committee Meeting Updates

Paisalo Digital's Operations and Finance Committee has approved issuing Non-Convertible Debentures (NCDs) through private placement. The issue comprises up to 5,000 NCDs, each with a face value of Rs. 1 lakh, aggregating up to Rs. 50 crore. These NCDs carry a 10.00% annual interest rate, paid monthly, over a 36-month tenure. Redemption occurs in four equal quarterly installments starting from the ninth quarter. The debentures will be listed on BSE and are secured by a first charge on loan receivables, maintaining a value of 1.10 times the outstanding principal and interest. This move aims to bolster the company's funding.