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Paisalo Digital Ltd. Approves Rs. 50 Crore Debenture Issuance

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Paisalo Digital Ltd. Approves Rs. 50 Crore Debenture Issuance

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Paisalo Digital Ltd. ( (IN:PAISALO) ) has issued an update.

Paisalo Digital Ltd. announced the approval of issuing up to 5,000 non-convertible debentures through a private placement, with a total value of up to Rs. 50 crore. This strategic financial move, approved by the company’s Operations and Finance Committee, aims to bolster their capital structure and enhance liquidity, potentially impacting their market positioning positively.

More about Paisalo Digital Ltd.

Paisalo Digital Ltd. operates in the financial services industry, primarily focusing on providing digital lending solutions. The company offers a range of financial products, including loans and non-convertible debentures, targeting both individual and institutional clients.

Average Trading Volume: 830,018

Technical Sentiment Signal: Sell

Current Market Cap: 27.51B INR

Find detailed analytics on PAISALO stock on TipRanks’ Stock Analysis page.

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