Archive · 8 Aug 2025
Paisalo Digital to Issue ₹34 Crore NCDs
Paisalo Digital, a company that has stocks under 50 rupees, is going to sell bonds called Non-Convertible Debentures (NCDs).
The company's board of directors has agreed to do this.
These NCDs are worth 34 crore rupees in total.
Each NCD will cost 1 lakh rupees.
People who buy these NCDs will get paid interest, called a coupon rate, of 9.75% every three months.
The NCDs will last for 36 months, which is three years.
Paisalo Digital's board approved the issuance of Non-Convertible Debentures (NCDs).
The NCDs are valued at ₹34 crore.
Each NCD has a face value of ₹1 lakh.
The coupon rate for the NCDs is 9.75%, paid quarterly.
The NCDs have a duration of 36 months.
- Who
- The board of directors of Paisalo Digital.
- What
- Paisalo Digital will issue Non-Convertible Debentures (NCDs).
- When
- During Friday's trading session.
- Where
- N/A
- Why
- N/A
- Company
- Paisalo Digital
- Instrument
- Non-Convertible Debentures (NCDs)
- Total Value
- ₹34 crore
- Face Value Per NCD
- ₹1 lakh
- Coupon Rate
- 9.75% (quarterly)
- Duration
- 36 months