StockWatch
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Non Banking Financial Company (NBFC)
Loan & Debt1 Aug 2026, 06:50 pm

Paisalo Digital Ltd Approves ₹15,000 Cr NCD Public Issue

AI Summary

Paisalo Digital Limited has announced the approval of a public issuance of secured, rated, listed, redeemable, non-convertible debentures (NCDs). The Operations and Finance Committee approved the shelf prospectus and Tranche I Prospectus for an issue of up to 30,00,000 NCDs, each with a face value of ₹1000, amounting to ₹15,000 lakh. The company also has an option to retain over-subscription up to ₹15,000 lakh, keeping the total within the shelf limit of ₹90,000 lakh. The NCDs will be listed on BSE Limited. The Tranche I issue opens on August 7, 2026, and closes on August 20, 2026. The principal and interest are secured by an exclusive charge on the company's loan receivables, with a security cover of at least 1.10 times.

Key Highlights

  • Paisalo Digital Ltd to issue secured, rated, listed NCDs.
  • Total issue size up to ₹15,000 lakh, with over-subscription option.
  • NCDs will be listed on BSE Limited.
  • Issue opens August 7, 2026, closes August 20, 2026.
  • Loan receivables secure the NCDs with 1.10x cover.