Paisalo Digital Limited — Important, 11-03-2026: Committee Meeting Updates
11-03-2026 | 12:35 pm
11-03-2026 | 12:35 pm
Paisalo Digital's Operations and Finance Committee has approved the issuance of 9.25% Non-Convertible Debentures (NCDs). This private placement aims to raise up to Rs. 100 Crore, comprising a Rs. 50 Crore base issue and a Rs. 50 Crore green shoe option. The NCDs have a 30-month tenure, with interest payable monthly. They are secured by a first charge on loan receivables, maintained at 1.10 times the principal outstanding. This capital raise will enhance the company's financial resources, supporting its lending operations and overall business expansion.
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