ALPHA TRIBE

Paisalo Digital LimitedImportant, 10-09-2025: Committee Meeting Updates

10-09-2025 | 10:54 am

Paisalo Digital's Operations and Finance Committee has allotted 5,000 Secured Non-Convertible Debentures through a private placement. Each NCD has a face value of one lakh, totaling 500 Cr in funds raised. These debentures carry an interest rate of 10.00% per annum, payable monthly, and have a 36-month tenure. The NCDs are secured by a charge on loan receivables and will be redeemed in four equal quarterly installments beginning from the ninth quarter. This move helps secure funding for the company's operations.

No comments yet. Be the first to comment!

All announcements from Paisalo Digital Limited