Paisalo Digital Limited has informed the Exchange about Redemption of Unlisted Unsecured Redeemable Non Convertible Debentures
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Paisalo Digital Limited has redeemed 23 Unlisted Unsecured Unrated 12% Non-Convertible Debentures (NCDs) from Series PDL-02-2021 on February 13, 2026. Each NCD had a face value of Rs. 1 crore, making the total redemption amount approximately Rs. 23 crores. The redemption was made at par through full and final payment as per the original terms of issue. The NCDs carried a 12% coupon rate and were unlisted and unrated.
This is a positive development for shareholders as it shows the company is using its cash to reduce outstanding debt on schedule, strengthening its balance sheet and lowering future interest outflows.