Paisalo Digital Secures BWR AA/Stable Rating for Proposed Rs 1,500 Crore NCDs; Board Committee to Consider Allotment on March 18, 2026

New Delhi [India], March 16: Paisalo Digital Ltd, a prominent Non-Banking Financial Company (NBFC), said in a regulatory filing that Brickwork Ratings India Pvt Ltd has assigned a credit rating of “BWR AA /Stable” to the company's proposed long-term Non-Convertible Debentures (NCDs) worth Rs 1,500 crore. The rating reflects a strong degree of safety regarding the timely servicing of financial obligations, and the “Stable” outlook signals the agency's expectation that Paisalo Digital's credit profile and operational performance will remain steady over the medium term. This newly assigned rating complements the existing assessments from Infomerics Analytics and Research Pvt Ltd, and the presence of multiple ratings from established agencies is expected to reinforce investor confidence in the company's debt instruments and overall financial stability.

In line with its capital-raising strategy, Paisalo Digital has called a meeting of the Operations and Finance Committee of the Board of Directors for March 18, 2026, where the committee will consider and, if approved, sanction the allotment of the NCDs on a private placement basis. The proposed issuance forms part of the company's broader plan to bolster its capital base and support the expansion of its lending operations. Paisalo Digital currently maintains a diversified portfolio of debt instruments, including multiple series of outstanding NCDs and Commercial Papers (CPs) that are active in the market.

The formal communication on the rating and the committee meeting was issued by Company Secretary Manendra Singh and disseminated to various financial institutions, including the India International Exchange (IFSC) and several trusteeship service providers. The company has a market capitalisation of over Rs 2,798 crore; its stock price has declined around 11.96 percent over the past year and is trading roughly 4.73 percent above its 52-week low of Rs 29.38 per share. Together, the upgraded credit opinion from Brickwork Ratings and the forthcoming committee decision mark important steps in Paisalo Digital's efforts to strengthen financial resilience and support measured growth in its lending portfolio.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

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