Paisalo Digital promoter group entity Pri Caf Private Limited acquired 1,15,002 equity shares on September 22, 2026, through open market transactions.

The acquisition increased Pri Caf’s shareholding from 3,12,74,400 shares to 3,13,89,402 shares. This represents an increase in voting rights from 3.4211% to 3.4337% of the company’s total share capital.

Acquisition details

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved only equity shares carrying voting rights, with no encumbrances or convertible instruments involved.

Shareholding structure

Paisalo Digital’s total equity share capital remained unchanged at ₹91,41,49,114, divided into 91,41,49,114 equity shares of face value ₹1 each. The acquisition did not alter the total diluted share capital or the overall capital structure of the target company.

Pri Caf Private Limited is identified as part of the promoter and promoter group. The director signing the disclosure was Sunil Purushottanm Agarwal. No other persons acting in concert were disclosed in this specific transaction.

Paisalo Digital held its 34th Annual General Meeting on September 21, 2026. Shareholders approved the re-appointment of Santanu Agarwal as Deputy Managing Director for a term commencing May 6, 2027 and ending May 5, 2032.

The meeting was chaired by Managing Director and CEO Sunil Purushottam Agarwal via video conferencing. A total of 98 members attended virtually or through authorized representatives. The statutory and secretarial auditors also attended the proceedings.

Key Resolutions Passed

Shareholders approved several ordinary and special resolutions during the meeting. The key decisions included:

• Adoption of Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026.
• Re-appointment of Santanu Agarwal as a Director liable to retire by rotation.
• Declaration of Final Dividend for the financial year ended March 31, 2026.
• Re-appointment of Santanu Agarwal as Whole-time Executive Director, designated as Deputy Managing Director.

Special Business Approvals

The company sought shareholder approval for strategic capital structure adjustments. Shareholders passed special resolutions to:

• Enhance the borrowing powers of the Board of Directors under Section 180(1)(c) of the Companies Act, 2013.
• Authorize the Board to create charges on movable and immovable properties under Section 180(1)(A) of the Companies Act, 2013.
• Approve the issuance of Non-Convertible Securities/Debentures through private placement.

Governance and Voting

The Company provided remote e-voting facilities from September 18, 2026, to September 20, 2026. Satish Kumar Jadon of Satish Jadon & Associates was appointed as the Scrutinizer for the voting process. The auditors' report on the financial statements contained no qualifications, reservations, or adverse remarks.

The meeting concluded at 4:05 pm, with e-voting remaining open for an additional 30 minutes.

Voting Results Summary

All resolutions were passed with the requisite majority. While promoters and public non-institutions largely supported all items, public institutions registered significant opposition against specific resolutions related to management re-appointment and capital raising.

What the Numbers Show

Institutional shareholders demonstrated notable dissent regarding the company's leadership and leverage plans. Public institutions cast approximately 29.91% of their votes against the re-appointment of Santanu Agarwal as Deputy Managing Director and 29.91% against the issuance of Non-Convertible Debentures. This contrasts sharply with their near-unanimous approval of the financial statements and dividend declaration, suggesting specific concerns regarding executive compensation or debt structure rather than overall financial performance.