Paisalo Digital , a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has seen a significant change in its shareholding structure. Equilibrated Venture Cflow (P) Ltd, a member of the promoter group, has increased its stake in the company through a substantial share acquisition.

Key Highlights of the Acquisition

• Equilibrated Venture Cflow acquired 45,00,000 equity shares of Paisalo Digital.
• The acquisition took place through open market purchase.
• This move increased Equilibrated Venture Cflow's shareholding from 17.67% to 18.17% of Paisalo Digital's total voting capital.

Details of the Transaction

According to the disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the following details were revealed:

The acquired shares have a face value of Re. 1 each. Paisalo Digital's total equity share capital remains unchanged at Rs. 90,21,18,289, divided into 90,21,18,289 equity shares.

Impact and Implications

This acquisition strengthens the position of the promoter group in Paisalo Digital. As Equilibrated Venture Cflow belongs to the promoter group, this increase in shareholding could potentially influence the company's strategic decisions and direction.

Additional Company Update

In a separate announcement, Paisalo Digital informed that it has fully redeemed and repaid a Commercial Paper with the following details:

• Scrip Code: 729651
• ISIN: INE420C14185
• Maturity Amount: Rs. 30,00,00,000
• Listed on: BSE Ltd.

This redemption demonstrates the company's commitment to meeting its financial obligations on time.

Investors and market watchers will likely keep a close eye on Paisalo Digital to see how this increased promoter stake and the company's financial management may impact its future performance and strategic decisions.

Paisalo Digital Limited , a prominent player in the financial services sector, has successfully raised Rs 50.00 crore through the allotment of secured non-convertible debentures (NCDs) via private placement. This strategic move aims to bolster the company's financial position and support its growth initiatives.

NCD Allotment Details

The Operations and Finance Committee of Paisalo Digital's Board of Directors approved the allotment of 5,000 secured NCDs. Key features of the NCD issue include:

Redemption Structure

The NCDs are structured with a balanced redemption plan:

• Redemption will occur in 4 equal quarterly installments
• Installments commence from the 9th quarter
• Debentures will be redeemed at par on maturity

Enhanced Security Measures

To ensure investor confidence, Paisalo Digital has implemented robust security measures:

• Maintenance of security value at 1.10 times the principal outstanding amount
• This over-collateralization provides an additional safety net for investors

Regulatory Compliance

In line with regulatory requirements, Paisalo Digital has promptly informed the BSE Limited and the National Stock Exchange of India Limited about this allotment, adhering to SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Promoter Group Share Acquisition

In a separate development, Equilibrated Venture Cflow (P) Ltd, a member of Paisalo Digital's promoter group, acquired 46,04,670 equity shares of the company through open market transactions. This acquisition increased Equilibrated Venture Cflow's shareholding in Paisalo Digital from 17.16% to 17.67% of the total voting capital.

Key details of the acquisition:

Paisalo Digital continues to be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

These developments, including the successful NCD allotment and increased promoter group investment, demonstrate Paisalo Digital's strong financial management and market position in the financial services sector.