New Delhi, March 11, 2026: Paisalo Digital Limited has approved the issuance of secured Non-Convertible Debentures (NCDs) worth up to ₹100 crore through a private placement route. The decision was taken by the Operations and Finance Committee of the company's Board of Directors at its meeting held on March 11, 2026, in accordance with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The proposed issue comprises up to 1,00,000 secured Non-Convertible Debentures with a face value of ₹10,000 each, aggregating up to ₹100 crore. The structure includes a base issue size of ₹50 crore along with a green shoe option to retain oversubscription of up to an additional ₹50 crore. The issuance will be conducted through the Electronic Book Provider (EBP) platform and the debentures are proposed to be listed on BSE Limited, providing transparency and potential liquidity for investors.
The NCDs will carry a coupon rate of 9.25% per annum, with interest payable on a monthly basis. The instruments will have a tenure of 30 months, with a tentative allotment date of March 18, 2026, and will be redeemed at par upon maturity. To safeguard investor interests, the debentures will be secured by a first-ranking exclusive charge on the company's loan receivables, ensuring that the value of the security remains at least 1.10 times the aggregate principal outstanding at all times.
Paisalo Digital stated that the fund raise aligns with its strategy to strengthen its capital base and support the continued expansion of its lending operations. The company also confirmed that the disclosure has been made to stock exchanges and the detailed information is available on its official website.
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