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 raises Rs 30 cr via CP issue
 ( Corporate News - 17-May-24   12:15 )
  Paisalo Digital allots NCDs aggregating Rs 27 cr
 ( Corporate News - 03-May-24   12:09 )
  Paisalo Digital postpones board meeting
 ( Corporate News - 30-Apr-24   11:25 )
  Paisalo Digital to consider fund raising options
 ( Corporate News - 26-Apr-24   16:01 )
  Board of Paisalo Digital recommends final dividend
 ( Corporate News - 26-Apr-24   14:02 )
  Paisalo Digital consolidated net profit rises 77.20% in the March 2024 quarter
 ( Results - Announcements 26-Apr-24   12:59 )
  Paisalo Digital approves fund raising via NCDs and CPs
 ( Corporate News - 24-Apr-24   11:06 )
  Paisalo Digital to consider Fund Raising
 ( Corporate News - 22-Apr-24   10:30 )
  Paisalo Digital raises Rs 18 cr via NCD issuance
 ( Corporate News - 12-Apr-24   13:13 )
  Paisalo Digital allots 1,800 NCDs on private placement
 ( Hot Pursuit - 12-Apr-24   12:04 )
  Paisalo Digital to hold board meeting
 ( Corporate News - 10-Apr-24   14:12 )
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