StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action1 Oct 2026, 04:24 pm

Paisalo Digital Approves Conversion of 14,000 FCCBs, Equity Rises

AI Summary

Paisalo Digital Limited's FCCB Committee approved the allotment of 2,59,12,548 Equity Shares upon conversion of 14,000 Foreign Currency Convertible Bonds (FCCBs). This conversion increases the company's fully paid-up equity capital from ₹91,41,49,114 to ₹94,00,61,662. The meeting took place on October 1, 2026, following a prior intimation on September 24, 2026. The details of the allotment are in accordance with the terms of the FCCBs as per the Offering Circular. The company's website will also host this information.

Key Highlights

  • FCCB Committee approved conversion of 14,000 FCCBs.
  • 2,59,12,548 equity shares allotted upon conversion.
  • Equity capital increased from ₹91.41 Cr to ₹94.00 Cr.
  • Allotment follows terms outlined in the FCCB Offering Circular.