Paisalo Digital’s Board has approved the issue of 2.61 million equity warrants on preferential basis to promoter group that shall be converted into equivalent number of equity shares, this shall increase the shareholding of promoters by approximately 5% of post issue capital.
Paisalo Digital is a leading systemically important Non-Deposit taking NBFC registered with the Reserve Bank of India (RBI), in operation since 1992. The company’s main thrust is on small finance to ensure rural development, self-employment and women-empowerment.
