Paisalo Digital is planning to issue Redeemable Unlisted Unsecured Non-Convertible Debentures (NCDs) up to an amount of Rs 36 crore on private placement basis. The meeting of the Board of Directors of the Company is scheduled to be held on February 23, 2018, to consider and allot the same.
Paisalo Digital (formerly S.E. Investments) is in the finance-investment sector. The company is engaged in the business of hire-purchase and leasing of motor vehicles and it also provides personal loans, business loans, loans against property, etc.