Stock market update: Shares of This LIC-backed company in focus as firm to consider issuance of non-convertible debentures; Check details

Stock market update: Amid sharp fluctuations in the stock market on Monday, the stock of Paisalo Digital Ltd, a small-cap NBFC with a market cap of Rs 3,419.93 crore, is on investors’ radar as the company has informed exchanges that the Operations and Finance Committee of the company’s board members will meet on November 6, 2025. This meeting will consider and approve the proposal to issue non-convertible debentures (NCDs) through private placement.

At the time of writing this news, the company’s stock was trading at Rs 37.91, down 0.37 per cent or Rs 0.14 on the BSE, while on the NSE, it was trading at Rs 37.93, up 0.11 per cent or Rs 0.04.

Paisalo Digital recently stated in its exchange filing that its Operations and Finance Committee meeting held on October 30, 2025, approved the issuance of two new debenture series.

In the first series, the company will issue non-convertible debentures (NCDs) with an interest rate of 8.45 per cent. These debentures will be sold through a private placement on the EBP platform. A total of 7,500 debentures will be issued, each priced at Rs 1 lakh.

In this way, the company will raise a total of Rs 75 crore. This includes a base issue of Rs 25 crore and a green shoe option of up to Rs 50 crore. If investor demand is high, the company can raise up to Rs 50 crore.

These debentures will be listed on the BSE (Bombay Stock Exchange) and have a tenor of two years. The expected allotment date for the debentures is November 6, 2025, and they will be redeemed after two years. Investors will receive an annual interest rate of 8.45%, paid once a year. These debentures are unsecured, meaning the company has not pledged any assets for them.

In the second series, the company will issue non-convertible debentures with an interest rate of 8.50 per cent. These will also be sold through private placement via the EBP platform. This series will also consist of 7,500 debentures, each of Rs 1 lakh, raising a total of Rs 75 crore.

This series also has a base issue of Rs 25 crore and a green shoe option of up to Rs 50 crore. These debentures will also be listed on the BSE and have a tenure of 3 years.

Allotment is also proposed for November 6, 2025. The amount will be repaid after three years. Investors will receive an interest rate of 8.50% per annum, paid once every year. These debentures are also unsecured.

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