Loan & Debt19 Aug 2026, 07:10 pm
Paisalo Digital Approves Allotment of 29.49 Lakh NCDs
AI Summary
Paisalo Digital Ltd announced the outcome of its Operations and Finance Committee meeting, approving the allotment of 29,49,247 secured, rated, listed, redeemable non-convertible debentures (NCDs) of face value ₹1000 each. The total issue size amounts to ₹29492.47 Lakh, with an option to retain over-subscription up to ₹15,000 Lakh, aggregating up to ₹30,000 Lakh. These NCDs will be listed on BSE Limited. The company has secured the principal and interest with an exclusive charge on loan receivables, maintaining a security cover of at least 1.10 times.
Key Highlights
- Paisalo Digital approved allotment of 29,49,247 NCDs.
- Total issue size aggregates up to ₹30,000 Lakh.
- NCDs are secured, rated, listed, and redeemable.
- BSE Limited is the designated stock exchange for listing.
- Loan receivables secure the NCD obligations.
Price Impact
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