Paisalo Digital Limited has successfully completed the allotment of 51,000 secured non-convertible debentures, each priced at Rs 10,000, raising Rs 51 crore through private placement. The Operations and Finance Committee of the Board of Directors approved the allotment on March 18, 2026, with debentures carrying an interest rate of 9.25% per annum and a tenure of 30 months.

Allotment Details

The company has formally communicated the outcome of its Operations and Finance Committee meeting to BSE Limited and National Stock Exchange of India Limited, confirming the successful allotment under Regulation 30 of SEBI regulations. The debentures are fully paid, rated, listed, senior, secured, redeemable, taxable, and transferable non-convertible debentures issued through private placement.

Terms and Payment Structure

The allotted debentures carry a coupon rate of 9.25% per annum with monthly interest payments to investors. The securities are scheduled for redemption at par value on September 18, 2028, marking the completion of the 30-month tenure from the allotment date. The debentures will be listed on stock exchanges for trading purposes.

Security and Risk Management

The non-convertible debentures are secured by a first ranking exclusive charge on loan receivables, referred to as "Hypothecated Receivables." The company maintains the security value at all times equal to 1.10 times the aggregate amount of principal outstanding of the NCDs, providing enhanced protection to investors.

In case of delayed payment of interest or principal redemption for more than three months from the due date, the company will pay an enhanced rate of coupon rate plus 2.00% per annum as penalty interest. This provision ensures timely servicing of debt obligations and protects investor interests.

Regulatory Compliance

The debenture allotment has been completed in compliance with Regulations 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the successful allotment through official regulatory filings.

The company secretary Manendra Singh has digitally signed the regulatory communication, confirming the completion of all procedural requirements for the debenture issuance.

Source: Company/INE420C01059/18fde1a3-e0cf-46d6-ba51-82d9625ffaa5.pdf

Paisalo Digital Limited has achieved a significant milestone by successfully completing its inaugural External Commercial Borrowing (ECB) transaction worth USD 15 million on March 17, 2026. The leading non-banking finance company (NBFC), which specializes in inclusive lending, announced this development through a press release submitted under Regulation 30 of SEBI (LODR) Regulations, 2015.

Strategic Funding Diversification

This maiden ECB issuance represents a strategic initiative aimed at broadening the company's funding mix and accessing cost-effective, long-tenor capital from international markets. The transaction marks a significant advancement in Paisalo Digital's liability diversification journey, introducing a stable and diversified source of funding while optimizing the blended cost of capital.

Capital Deployment Strategy

The proceeds from this ECB issuance will be utilized to support the company's continued expanding lending portfolio. Paisalo Digital plans to maintain its focus on key segments including:

• MSMEs (Micro, Small and Medium Enterprises)
• Income-generation segments
• Other priority sectors

This strategic capital deployment aligns with the company's commitment to inclusive lending and financial inclusion across underserved market segments.

Management Commentary

Santanu Agarwal, Deputy Managing Director of Paisalo Digital Limited, emphasized the significance of this achievement. He stated that the successful closure of the maiden ECB issuance marks a pivotal step in strengthening the company's liability franchise. Agarwal highlighted that accessing diversified and long-tenor funding enhances the company's ability to sustainably scale the business while maintaining prudent risk management.

Market Confidence and Growth Prospects

The transaction demonstrates strong lender confidence in Paisalo Digital's business fundamentals, including:

• Disciplined underwriting practices
• Resilient asset quality
• Scalable, technology-enabled distribution model
• Robust operating model and growth strategy

According to management, the additional capital will enable the company to deepen credit penetration across underserved segments and drive inclusive economic development. This ECB issuance positions Paisalo Digital to enhance its long-term growth visibility while maintaining its focus on responsible lending practices.