Hot Pursuit     12-Apr-24
Paisalo Digital allots 1,800 NCDs on private placement
Paisalo Digital said that its operations and finance committee of board of directors has allotted 1,800 non convertible debentures (NCDs) on private placement.
The NBFC has allotted 1,800 secured, rated, listed, redeemable, NCDs with face value of Rs 1 lakh each.

The interest rate offered for the NCDs is 9.95% per annum.

Out of total NCDs, 1,200 NCDs wil mature on 12 July 2025 while remaining 600 NCDs will mature on 10 October 2025.

Paisalo Digital is a Middle Layer, Systemically Important Non-Deposit Taking Non-Banking Financial Company engaged in providing loans.

Paisalo Digital reported 102.43% increase in consolidated net profit to Rs 56.46 crore on 49.33% rise in total income to Rs 182.59 crore in Q3 FY24 over Q3 FY23.

Shares of Paisalo Digital slipped 3.53% to Rs 82.97 on the BSE.

Previous News
  Paisalo Digital allots commercial paper of Rs 30 cr
 ( Corporate News - 20-Sep-24   15:50 )
  Paisalo Digital allots commercial paper of Rs 13 cr
 ( Corporate News - 19-Sep-24   18:12 )
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 ( Corporate News - 31-Aug-24   16:14 )
  Paisalo Digital to convene AGM
 ( Corporate News - 13-Aug-24   14:27 )
  Paisalo Digital consolidated net profit rises 8.02% in the June 2024 quarter
 ( Results - Announcements 09-Aug-24   15:15 )
  Paisalo Digital to convene board meeting
 ( Corporate News - 31-Jul-24   09:47 )
  Board of Paisalo Digital appoints director
 ( Corporate News - 25-Jul-24   11:24 )
  Board of Paisalo Digital approves increase in authorised share capital
 ( Corporate News - 25-Jul-24   11:14 )
  Board of Paisalo Digital approves fund raising up to Rs 1,800 cr
 ( Corporate News - 25-Jul-24   11:10 )
  Paisalo Digital schedules board meeting
 ( Corporate News - 22-Jul-24   10:14 )
  Paisalo Digital to mull fund raising on Jul 25
 ( Hot Pursuit - 22-Jul-24   08:48 )
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