Non-banking financial company (NBFC) Paisalo Digital Ltd has announced that its operations and finance committee will consider the allotment of non-convertible debentures (NCDs) through private placement. According to information shared with exchanges, the meeting is scheduled to be held on June 3, 2025. The NBFC is backed by LIC and it holds 1.9 per cent stake in the company. Also, SBI Life Insurance holds 9.4 per cent.
This LIC-backed NBFC to consider allotment of non-convertible debentures soon – Check details
