ALPHA TRIBE

Paisalo Digital LimitedImportant, 21-11-2025: Committee Meeting Updates

21-11-2025 | 12:23 pm

Paisalo Digital Limited's Operations and Finance Committee has approved raising capital through the issuance of Unsecured Non-Convertible Debentures (NCDs) via private placement. The total issue size is up to 75 Crore, comprising a base issue of 25 Crore and a Green Shoe Option for an additional 50 Crore. These NCDs carry an annual interest rate of 8.50%, with quarterly payments, and have a 3-year tenure. They will be listed on BSE. This move secures funding for the company's operations, impacting its financial flexibility and growth prospects. The NCDs are secured by a charge on loan receivables.

No comments yet. Be the first to comment!

All announcements from Paisalo Digital Limited