Paisalo Digital Limited , a prominent player in the financial services sector, has announced its intention to raise funds through a private placement of Non-Convertible Debentures (NCDs) on September 4, 2025. This strategic move aims to secure capital from select investors, potentially bolstering the company's financial position.

Key Details of the NCD Issuance

According to a regulatory filing by Paisalo Digital, the company's Operations and Finance Committee of the Board of Directors is scheduled to meet on September 4, 2025. The primary agenda of this meeting is to consider and approve a fund-raising proposal through the issuance of Listed, Secured, Non-Convertible Debentures on a Private Placement basis.

Regulatory Compliance

The company has duly informed the stock exchanges about this development, adhering to Regulations 29 and 50, along with other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and potential investors are kept informed about the company's financial strategies.

Implications for Investors

While the exact amount to be raised and the terms of the NCDs have not been disclosed, this move signals Paisalo Digital's proactive approach to capital management. Non-Convertible Debentures are typically favored by companies for their ability to raise debt capital without diluting equity, offering fixed returns to investors.

Company Background

Paisalo Digital Limited has a history of utilizing various financial instruments. The company's regulatory filing mentions multiple NCD and Commercial Paper (CP) scrip codes, indicating its active presence in the debt market.

As investors and market watchers await the outcome of the September 4 meeting, all eyes will be on the details of this NCD issuance and its potential impact on Paisalo Digital's financial strategy going forward.

Note: Investors are advised to consult financial experts and review official company communications for making informed investment decisions.

Paisalo Digital Limited , a prominent player in the financial services sector, has taken a significant step to bolster its capital base. The company's Operations and Finance Committee has given the green light for the issuance of Non-Convertible Debentures (NCDs) worth up to Rs 50 crores through private placement on the Electronic Book Provider (EBP) Platform.

Key Details of the NCD Issuance

Terms and Conditions

The NCDs will be secured by maintaining a security value of 1.10 times the outstanding principal amount through a first ranking pari-passu charge on loan receivables. This structure aims to provide additional comfort to potential investors.

In an interesting clause, the company has stipulated that in case of any payment delays, the coupon rate will increase by 2% per annum. This provision serves as an incentive for timely payments and adds an extra layer of assurance for investors.

Tentative Timeline

The tentative allotment date for these debentures has been set for August 8, 2025. Investors should note that the NCDs are slated for redemption at par on the maturity date, which would be 36 months from the date of allotment.

Regulatory Compliance

Paisalo Digital has ensured compliance with SEBI regulations by promptly informing the stock exchanges about this development. The company's disclosure aligns with Regulations 30, 51, and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Implications for Investors

This NCD issuance represents an opportunity for investors seeking fixed-income instruments with a medium-term horizon. The attractive coupon rate of 9.75% per annum, coupled with the security structure and listing on the BSE, may appeal to both institutional and retail investors looking for steady returns in the current market environment.

For Paisalo Digital, this move could potentially provide the company with additional funds to support its business operations and growth strategies. The successful placement of these NCDs could be seen as a vote of confidence in the company's financial health and future prospects.

As always, potential investors are advised to conduct their due diligence and consider their risk appetite before making investment decisions.