Paisalo Digital Limited Allots ₹510 Million in Debentures
Mumbai – March 18, 2026 – Paisalo Digital Limited announced today that its Operations and Finance Committee has approved the allotment of debentures through a private placement. The company issued 51,000 Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, totaling ₹510 million.The NCDs have a tenure of 30 months, with an interest rate of 9.25% per annum, paid out monthly. The debentures are scheduled for redemption on September 18, 2028, at par.
The NCDs are secured by a first-ranking exclusive charge on loan receivables, maintaining a security value equivalent to 1.10 times the outstanding principal amount.
In the event of a delay in interest or principal payments exceeding three months from the due date, the applicable interest rate will increase by 2.00% per annum.
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