Paisalo Digital promoters raise stake via open market buys

1 min read     Updated on 27 May 2026, 08:25 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Promoters Santanu Agarwal and Sunil Purushottanm Agarwal increased their stakes in Paisalo Digital Limited by acquiring 12,81,000 equity shares each on May 27, 2026, via open market purchases. Following the transaction, Santanu Agarwal holds 4.56% of the paid-up share capital, while Sunil Purushottanm Agarwal holds 12.48%. The company's equity share capital remains at ₹90,95,21,874.

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Promoters of Paisalo Digital Limited increased their shareholding through open market acquisitions on May 27, 2026. Disclosures submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, confirm that Santanu Agarwal and Sunil Purushottanm Agarwal acquired 12,81,000 equity shares each. The transactions reinforce the promoter group's position in the company, which has an equity share capital of ₹90,95,21,874 divided into 90,95,21,874 equity shares of Re. 1 each.

Acquisition Details

Santanu Agarwal's acquisition increased his total holding to 4,14,96,000 equity shares, representing 4.5624% of the total paid-up share capital. Prior to the transaction, he held 4,02,15,000 shares, or 4.4216% of the capital. Similarly, Sunil Purushottanm Agarwal raised his stake to 11,34,73,800 shares, or 12.4762% of the share capital, up from a previous holding of 11,21,92,800 shares, or 12.3354%. Both acquirers confirmed their status as members of the promoter or promoter group.

Shareholding Pattern

The table below details the changes in the holding structure following the acquisitions:

Description Number of Shares % of Share Capital % of Diluted Share Capital
Santanu Agarwal
Before Acquisition 4,02,15,000 4.4216 4.4216
Shares acquired 12,81,000 0.1408 0.1408
After Acquisition 4,14,96,000 4.5624 4.5624
Sunil Purushottanm Agarwal
Before Acquisition 11,21,92,800 12.3354 12.3354
Shares acquired 12,81,000 0.1408 0.1408
After Acquisition 11,34,73,800 12.4762 12.4762

Company Capital Structure

The equity share capital of Paisalo Digital Limited remains unchanged at ₹90,95,21,874. The total diluted share capital is also reported at the same level, divided into 90,95,21,874 equity shares of Re. 1 each.

Historical Stock Returns for Paisalo Digital

1 Day5 Days1 Month6 Months1 Year5 Years
-1.95%-3.21%+24.65%+55.58%+85.63%+89.12%

Does this promoter acquisition signal a potential consolidation of ownership or a move towards delisting in the future?

How might this increased promoter confidence influence Paisalo Digital's strategic expansion or capital allocation plans?

Will this trigger a positive re-rating of the stock by institutional investors given the alignment of promoter interests?

Paisalo Digital to transfer unclaimed dividend to IEPF

1 min read     Updated on 23 May 2026, 12:32 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Paisalo Digital Limited announced the transfer of unclaimed dividends for FY 2018-19 and corresponding shares to the IEPF Authority on September 16, 2026. Shareholders must submit claims by September 11, 2026, to prevent the transfer. The company has issued notices to affected shareholders and provided details on the claim process via Form IEPF-5.

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Paisalo Digital Limited has informed its shareholders regarding the transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF) Authority. The company stated that the final dividend for the financial year 2018-19, which has remained unclaimed for a period of seven years, is scheduled to be credited to the IEPF on September 16, 2026. This action is being taken pursuant to the provisions of Section 124 of the Companies Act, 2013 and the relevant IEPF rules.

Transfer Details

The transfer applies to the final dividend declared for FY 2018-19 that has not been claimed or encashed for seven or more consecutive years. In addition to the dividend amount, the corresponding equity shares on which these dividends remained unclaimed will also be transferred to the IEPF Authority. The company has already sent individual notices to all concerned shareholders whose shares are liable for this transfer.

Impact on Shareholders

Shareholders holding shares in physical form will have their duplicate share certificates cancelled and transferred to the IEPF Authority. For those holding shares in electronic form, the demat accounts will be debited for the shares liable for transfer. The company has clarified that no claim will lie against it once the transfer is completed.

Claim Process and Deadline

To avoid the transfer, shareholders must ensure that a valid claim is received by the company on or before September 11, 2026. If no claim is received by this date, the company will proceed to transfer the liable dividend and equity shares to the IEPF Authority without further notice. Shareholders can subsequently claim the shares and dividends from the IEPF Authority by submitting an application in Form IEPF-5 online after obtaining an entitlement letter from the company.

Key Event Date
Last Date for Claim September 11, 2026
Transfer to IEPF September 16, 2026
Financial Year for Dividend 2018-19

For any queries regarding the transfer process, shareholders have been requested to contact the company's Registrar & Share Transfer Agent, Alankit Assignments Limited.

Historical Stock Returns for Paisalo Digital

1 Day5 Days1 Month6 Months1 Year5 Years
-1.95%-3.21%+24.65%+55.58%+85.63%+89.12%

How might the transfer of unclaimed shares to IEPF affect Paisalo Digital's shareholder composition and voting dynamics going forward?

What steps is Paisalo Digital planning to improve shareholder engagement to prevent future unclaimed dividends from reaching the seven-year threshold?

How does the IEPF reclaim process typically impact retail investors in terms of timeline and success rate, and could regulatory reforms simplify it?

More News on Paisalo Digital

1 Year Returns:+85.63%