SBI Life Insurance Co Ltd reduces stake in Paisalo Digital Ltd

SBI Life Insurance Co Ltd has reduced its shareholding in Paisalo Digital Ltd by disposing of 50,00,000 equity shares via an open market transaction on July 01, 2026. The disclosure was made to the stock exchanges pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the transaction, SBI Life Insurance Company Limited held 6,21,14,267 shares, which accounted for 6.83% of the total share capital and 6.27% of the total diluted share capital of the target company. The acquirer clarified that it does not belong to the promoter or promoter group of Paisalo Digital Limited.

Shareholding Details

The sale of 50,00,000 shares constituted 0.55% of the total share capital and 0.50% of the total diluted share capital. Post-disposal, the insurer's holding has adjusted to 5,71,14,267 shares. The total voting capital of Paisalo Digital Limited remained unchanged at 90,95,21,874 shares, while the total diluted share capital stood at 99,09,61,314 shares.

Description	Number of Shares	% of Total Share Capital	% of Total Diluted Share Capital
Holding Before Sale
Total Shares	6,21,14,267	6.83%	6.27%
Transaction Details
Shares Sold	50,00,000	0.55%	0.50%
Holding After Sale
Total Shares	5,71,14,267	6.28%	5.76%

The shares of Paisalo Digital Limited are listed on the National Stock Exchange of India Ltd and BSE Limited. The disclosure was signed by Girish Manik, Company Secretary of SBI Life Insurance Company Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.21%	+0.57%	+24.57%	+108.97%	+136.84%	+114.48%

Equilibrated Venture Cflow Private Limited, a promoter group entity of Paisalo Digital , released 1,20,00,000 pledged shares on July 02, 2026. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The release of encumbrance was executed to facilitate the repayment of an existing loan availed by the entity from STCI Finance Ltd.

Following this transaction, Equilibrated Venture Cflow Private Limited holds 4,31,32,000 encumbered shares, which constitutes 4.74% of the total share capital of Paisalo Digital Limited. The entity's total promoter holding stands at 19,39,89,880 shares, representing 21.33% of the total share capital. Consequently, the percentage of encumbered shares relative to the entity's promoter shareholding has decreased to 22.23%.

Details of Encumbrance

The filing provided a comprehensive breakdown of the promoter group's shareholding and encumbrance status. The table below outlines the holdings of key promoter entities and individuals as of the reporting date.

Name of Promoter/PAC	Total Holding	% of Total Share Capital	Encumbered Shares	% of Total Share Capital
Equilibrated Venture Cflow Pvt. Ltd.	19,39,89,880	21.33	4,31,32,000	4.74
Mr. Sunil Purushottanm Agarwal	11,52,73,800	12.67	95,81,000	1.05
Mr. Santanu Agarwal	4,32,96,000	4.76	96,02,000	1.06
Pro Fitcch Pvt. Ltd.	2,95,17,220	3.25	71,96,000	0.79
Pri Caf Pvt. Ltd.	3,12,74,400	3.44	72,26,000	0.79
Sulabhya Paramita Private Trust	43,70,000	0.48	43,50,000	0.48

Regulatory Context

The disclosure confirmed that the total encumbered shares of Equilibrated Venture Cflow Private Limited account for 22.23% of its promoter shareholding. While this figure is below the 50% threshold, the encumbered shares exceed 20% of the company's total share capital. The regulation mandates the disclosure of any encumbrance, release of encumbrance, or invocation of encumbrance by promoters or persons acting in concert (PACs).