Committee Meeting Updates

Paisalo Digital's Operations and Finance Committee has approved the allotment of 29,49,247 secured, rated, and listed Non-Convertible Debentures (NCDs), each with a face value of ₹1000. This public issuance, part of a Tranche I issue up to ₹300 Cr within an overall ₹900 Cr NCD program, successfully raised ₹294.92 Cr.

The NCDs are secured by an exclusive charge on the company's loan receivables, maintaining a security cover of at least 1.10 times.

Offering coupons from 9.00% to 10.47% and maturities up to August 2031, this capital infusion strengthens Paisalo Digital's financial position.