Paisalo Digital Limited's Operations and Finance Committee has authorized the issuance of secured non-convertible debentures worth up to Rs 100 crore at an attractive interest rate of 9.25% per annum. The committee approved this significant debt fundraising initiative through private placement on the Electronic Book Building (EBP) platform.

Debenture Issue Structure

The approved debenture issue comprises up to 1,00,000 secured non-convertible debentures, each carrying a face value of Rs 10,000. The issue structure includes a base issue of Rs 50 crore with an option to retain over-subscription through a green shoe option of up to Rs 50 crore, bringing the total issue size to Rs 100 crore.

Terms and Listing Details

The debentures carry a coupon rate of 9.25% per annum with monthly interest payments to investors. The securities have a tenure of 30 months from the date of allotment and will be listed on BSE Limited for trading. The debentures are scheduled for redemption at par value on the maturity date.

Security and Risk Management

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

In case of delayed payment of interest or principal redemption 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 the debt obligations and protects investor interests.

Regulatory Compliance

The debenture issuance has been approved in compliance with Regulations 30, 51, and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about the committee's decision and the proposed listing on BSE Limited.

Paisalo digital has announced the allotment of commercial papers worth ₹30 crores through its Operations and Finance Committee. The company informed stock exchanges about this development on February 27, 2026, in compliance with SEBI listing regulations.

Commercial Paper Allotment Details

The company has provided comprehensive details of the commercial paper issuance through private placement:

Key Dates and Timeline

The commercial papers follow a specific timeline for allotment and maturity:

Issue Structure and Agent

Bank of Maharashtra has been appointed as the Issue and Paying Agent (IPA) for these commercial papers. The CPs are listed securities issued through private placement, providing the company with short-term funding for a period of 91 days.

Regulatory Compliance

Paisalo Digital Limited has made this disclosure pursuant to Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made this information available on its official website at www.paisalo.in for stakeholder reference.

The allotment was approved by the Operations and Finance Committee of the Board of Directors, demonstrating proper corporate governance in the fundraising process. Company Secretary Manendra Singh signed the regulatory filing on behalf of Paisalo Digital Limited.