Paisalo Digital Limited has confirmed that its listed Non-Convertible Debentures (NCDs) remain fully secured as per regulatory requirements for the quarter ended June 30, 2026. Statutory auditors Saket Jain & Co. certified that the company maintained the minimum security cover mandated by the Securities and Exchange Board of India (SEBI) and the terms of the Debenture Trust Deed. The filing, submitted to the Bombay Stock Exchange on August 5, 2026, assures investors that the debt instruments are backed by sufficient asset coverage, mitigating default risk for bondholders.

The compliance declaration was issued pursuant to Regulation 54(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Manendra Singh, Company Secretary at Paisalo Digital Limited , signed the submission, which includes the auditor’s report and the detailed statement of security cover. The audit was conducted in accordance with the Guidance Note on Reports or Certificates for Special Purposes issued by the Institute of Chartered Accountants of India (ICAI).

Security Cover Metrics

The auditors examined the company’s assets and liabilities to determine the adequacy of the security cover. The primary metric used is the Exclusive Security Cover Ratio, which compares the value of assets charged exclusively to the debentures against the outstanding debt. As of June 30, 2026, Paisalo Digital reported a cover ratio well above the minimum threshold.

The data indicates that for every ₹1 of debt secured by an exclusive charge, the company holds ₹1.20 in book value and ₹1.29 in market value of corresponding assets. This buffer provides a margin of safety for investors in the event of asset liquidation.

Asset Composition

The security cover is primarily derived from loans receivable, which constitute a significant portion of the company’s balance sheet. As a non-banking financial company (NBFC), Paisalo Digital treats its stock (loans) as cash items, valued at cost or market whichever is lower. The auditors noted that the market value of these loans equals the principal amount outstanding, ensuring accurate valuation for security purposes.

Key assets contributing to the total book value of ₹6,780.04 crore include:

• Loans: ₹6,413.76 crore
• Investments: ₹143.11 crore
• Property, Plant and Equipment: ₹83.78 crore
• Intangible Assets: ₹0.13 crore

Liabilities secured by these assets include debt securities totaling ₹892.93 crore, comprising ₹431.59 crore under exclusive charge and ₹378.11 crore under other secured debt categories. Subordinated debt stood at ₹240.50 crore, while borrowings were minimal at ₹1.00 crore.

What the Numbers Show

The strong security cover ratios reflect Paisalo Digital’s conservative approach to debt management. With an exclusive cover ratio of 120%, the company maintains a healthy cushion above the typical regulatory minimums often set at 100% or slightly higher depending on the specific issue terms. The alignment between book and market values for the core loan portfolio suggests stable asset quality, as there are no significant write-downs indicated in the valuation methodology. This stability is crucial for maintaining investor confidence in the company’s long-term debt instruments.

Paisalo Digital Limited has scheduled its 34th Annual General Meeting (AGM) for September 21, 2026. In a filing with stock exchanges on August 5, 2026, the company disclosed that its Board of Directors approved the date during a meeting held earlier that day. The Board also fixed the book closure period from September 15, 2026, to September 21, 2026, inclusive, for determining shareholders eligible for the final dividend payment for FY25-26, subject to shareholder approval at the AGM.

The meeting of the Board of Directors commenced at 11:30 A.M. and concluded at 12:25 P.M. on August 5, 2026. The company made these disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Manendra Singh, Company Secretary, digitally signed the intimation.

Director Reappointment

The Board recommended the reappointment of Santanu Agarwal as a Director liable to retire by rotation at the ensuing AGM. Additionally, based on the recommendation of the Nomination and Remuneration Committee and pursuant to Section 196 of the Companies Act, 2013, the Board approved his reappointment as Whole Time Director designated as Deputy Managing Director. This new term is set to commence from May 6, 2027, and continue till May 5, 2032, subject to shareholder approval at the 34th AGM.

Santanu Agarwal is the son of Sunil Purushottanm Agarwal, Managing Director of the company. He holds bachelor’s degrees in commerce and law from Amity University, Noida, and has approximately a decade of experience in business planning, operations, IT strategy, and risk management. The company confirmed that Agarwal is not debarred from holding the office of Director by any order of SEBI or any other authority.

Key Dates and Disclosures

The disclosures were submitted in compliance with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Copies of the intimation were also sent to the Afrinex Exchange Listing Centre and India International Exchange (IFSC) Ltd.