New Delhi, June 3 -- Small-cap stock Paisalo Digital on Tuesday, 3 June 2025, announced that the company has allocated 5,000 non-convertible debentures (NCDs) of Rs.1 lakh each through a private placement, according to the exchange filing.
The LIC-owned NBFC allotted 5,000 debentures with a face value of Rs.1 lakh apiece, marking the corporate action at Rs.50 crore for the tenure of 24 months. The company is giving a coupon rate of 10 per cent p.a. with a monthly payment frequency.
According to the BSE filing, the date of the one-time payment on maturity will be 3 June 2027, when the debentures are redeemed. Non-convertible debentures are debt instruments that a company uses to raise funds from investors. The entity raising the funds of...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.