Investment8 Aug 2025, 11:18 am
Paisalo Digital Ltd. Allots 3400 NCDs Worth INR 34 Lakhs at 9.75% Interest
AI Summary
Paisalo Digital Ltd. has allotted 3400 NCDs worth INR 34 Lakhs at a coupon rate of 9.75% through a private placement. The NCDs are secured by a first ranking Pari-passu charge on loan receivables, with a tenure of 36 months and a maturity date of August 08, 2028. The NCDs will be redeemed at par on the maturity date.
Key Highlights
- Paisalo Digital Ltd. allotted 3400 NCDs worth INR 34 Lakhs.
- The NCDs have a coupon rate of 9.75% and a tenure of 36 months.
- The NCDs are secured by a first ranking Pari-passu charge on loan receivables.
- The maturity date of the NCDs is August 08, 2028.
- The NCDs will be redeemed at par on the maturity date.