Paisalo Digital: Promoter Group Releases Pledged Shares

Paisalo Digital Ltd announced that Equilibrated Venture Cflow Pvt Ltd, a promoter group entity, has released pledged shares. The disclosure, filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details the release of 74,000 shares from pledge. These shares represent 0.01% of the total share capital. The release is linked to the availment of a loan for onward payment for the conversion of equity warrants. The shares were pledged in favor of Cholamandalam Investment and Finance Company Limited.