LIC-backed NBFC company completes Foreign Currency Convertible Bonds conversion – Details here
GH News September 18, 2025 06:06 PM

Shares of LIC-backed Paisalo Digital are in focus today as the company has informed exchanges that its board of directors have approved the allotment of over 74 lakh equity shares upon conversion of 4000 Foreign Currency Convertible Bonds (FCCB).
“... on September 17 2025 the FCCB Committee of Board of Directors of Paisalo Digital Limited has considered and approved the allotment 7403585 Equity Shares of Face Value of Re. 1/- each upon conversion of 4000 Foreign Currency Convertible Bonds (FCCBs) as per the Conversion Notice received in accordance with the terms of the FCCBs set out in Offering Circular” the filing reads.
Increase In Paid-up Equity Capital
Following the allotment of equity shares Paisalo Digitals fully paid-up equity capital has seen a significant increase. It has grown from Rs 902118289 consisting of 902118289 equity shares of Re 1 each to Rs 909521874 now consisting of 909521874 equity shares of Re 1 each. This growth in equity capital is a promising sign for the companys future.
Paisalo undertakes transactions worth over Rs 3400 crore in 2 years
NBFC firm Paisalo Digital recently said it has serviced over 59 lakh customers by initiating transactions worth more than Rs 3400 crore.
This has been achieved within two years with its strong network of business correspondents’ collaborations with prominent banking partners including State Bank of India (SBI) and Bank of India Paisalo Digital said in a statement.
Share Price Today
The stock began the trading session with a gain at Rs 39.71 up from its previous close of Rs 39.35 on the BSE. The scrip surged further to touch the intraday high of Rs 41.32. The stock has been gaining for the last two days and has risen 5.78 per cent in the period. On the National Stock Exchange (NSE) the stock opened in green at Rs 39.38 and touched an intraday high of Rs 41.34 and an intraday low of Rs 38.90.