Paisalo Digital Limited has informed the Exchange regarding Outcome of Committee Meeting held on August 08, 2025.
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Paisalo Digital has allotted 3,400 secured, listed, rated, redeemable, non-convertible debentures (NCDs) on a private placement basis on August 8, 2025. Each NCD has a face value of ₹1 lakh, taking the total issue size to about ₹34 crore. The NCDs carry a coupon of 9.75% per annum, paid quarterly, and have a 3-year tenure maturing on August 8, 2028, when the principal will be repaid at par. The instrument is secured by a first-ranking pari-passu charge on the company's loan receivables, with security cover maintained at 1.10 times the outstanding principal amount.
The company has raised fresh debt of around ₹34 crore at a competitive 9.75% rate, which will likely be used to expand its lending book. For shareholders, this is a moderate debt raise that adds to Paisalo's existing NCD borrowings (10 NCD series already listed), keeping leverage elevated but at a reasonable cost.