Paisalo Digital has received an approval to issue Unlisted Unsecured 12% Non-Convertible Debentures (NCDs) for an amount of Rs 28 crore. The Board of Directors of the company in their meeting held on February 23, 2018, approved the same.
The board also approved the Scheme of Amalgamation between Agarwal Meadows and Paisalo Digital.
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.
