Loan & Debt18 Sept 2026, 12:52 pm
Paisalo Digital Allots ₹124.47 Cr in NCDs
AI Summary
Paisalo Digital Limited announced the allotment of 12,447 Non-Convertible Debentures (NCDs) worth ₹1 Lakh each, totaling ₹124.47 Crores. The NCDs are rated, listed, unsecured, redeemable, taxable, and transferable, with a tenure of 119 months and 26 days. The allotment was approved by the Operations and Finance Committee of the Board of Directors on September 18, 2026. The NCDs carry a coupon rate of 12.00% per annum, payable quarterly, with final redemption scheduled for September 13, 2036. This issuance represents a significant debt financing move for the company.
Key Highlights
- Paisalo Digital allotted 12,447 NCDs worth ₹124.47 Cr.
- NCDs have a 12.00% annual coupon rate, payable quarterly.
- Maturity date is September 13, 2036.
- Issuance is via private placement.
- NCDs are unsecured and redeemable.
Price Impact
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