Paisalo Digital has received approval for issuance of upto 1800 Secured, Rated, Listed, Redeemable, NonConvertible Debentures (NCDs), each having face value of Rs 1,00,000 aggregating upto Rs 18 crore (Secured NCDs) on a private placement basis.
The Committee also approved terms of issuance of upto 240 Unlisted Commercial Papers (CPs) each having face value of Rs 5,00,000 aggregating upto of Rs 12 crore on a private placement basis. The Operations and Finance Committee of the Board of Directors of the Company at its meeting held on December 19, 2023 has, inter alia, considered and approved the same.
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.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 917.80 |
| Shriram Finance | 1009.60 |
| Aditya Birla Capital | 349.70 |
| Chola Invest & Fin. | 1542.65 |
| Tata Capital | 340.40 |
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