Paisalo Digital Limited has announced the allotment of secured non-convertible debentures following a resolution by its Operations and Finance Committee on September 10, 2025. The allotment includes 5,000 non-convertible debentures (NCDs), each with a face value of ₹1 Lakh.
The NCDs are rated, listed, senior, secured, redeemable, taxable, and transferable. The tenure of the instrument is 36 months, with a coupon interest rate of 10.00% per annum, payable monthly.
The NCDs are secured by a first-ranking pari-passu charge on loan receivables, maintaining a security value of 1.10 times the outstanding principal amount. Redemption will occur in 4 equal quarterly installments starting from the 9th quarter, with the final redemption at par on the maturity date.
Delay in payment of interest / principal amount will lead to coupon rate plus 2.00% per annum for a period of more than three months from the due date or default in payment of interest / principal.
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