By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: LIC-back NBFC’s board to consider issuance of non-convertible debentures on November 6: Check details
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » LIC-back NBFC’s board to consider issuance of non-convertible debentures on November 6: Check details

BusinessStartup

LIC-back NBFC’s board to consider issuance of non-convertible debentures on November 6: Check details

India Times Now Desk
Last updated: November 3, 2025 1:22 pm
India Times Now Desk
Published: November 3, 2025
Share
SHARE


The NBFC recently informed exchanges that its Operations and Finance Committee approved the issuance of two new debenture series during a meeting held on October 30, 2025.

Mumbai:

Shares of LIC-backed Paisalo Digital, a non-banking financial company, are in focus as the company has informed exchanges that its board members of the operations and finance committee will meet on November 6, 2025, to consider and approve a proposal to issue non-convertible debentures (NCDs) through a private placement. Following this update, the stock began the trading session in the red at Rs 37.85 on the BSE, amid a decline in benchmark indices in early trade. At the time of writing this news, the company’s stock was trading at Rs 38.02, down 0.08 per cent or Rs 0.03 from the closing price of last trading session. On the National Stock Exchange (NSE), it was trading at ₹37.87, a fall of 0.05 per cent or Rs 0.02. The market cap of the company stood at Rs 3,449.82 crore. 

Approves two new debenture series 

Paisalo Digital recently informed exchanges that its Operations and Finance Committee approved the issuance of two new debenture series during a meeting held on October 30, 2025. 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.

As a result, the NBFC 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. 

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 per cent, 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.

ALSO READ | 8th Pay Commission: When will new salaries come into effect, how many people will benefit? Details

(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)





Source link

BSE smallcap specialty chemicals stock in focus as company exercises warrants, check share price
Mr. Arora is Building More Than an HR Company – He is Building a New Business Mindset
Om Power Transmission IPO Listing: Stock lists at 6% premium over issue price, check details
Shadowfax IPO GMO today: Subscription window to close today, check listing date and other details
This metal stock in focus as company set to resume commercial operations in UP’s Ghaziabad
TAGGED:boardbseCheckdebenturesdetailsissuancelicLICbacknbfcnbfc stock in focusNBFCsnonconvertibleNovembernsePaisalo Digital share pricestock market
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News
BusinessStartup

IOC Dividend 2026: Last few days to buys this PSU stock to be eligible for corporate action, check record date

India Times Now Desk
India Times Now Desk
March 9, 2026
Govt. plans security protocol for fishing harbours under CISF oversight
Centre urged to develop Buddhist circuit in Krishna-Godavari region: A.P. Minister
Telangana nears record rabi paddy procurement, government buys 50 LMT from farmers as on May 23
Two held for smuggling drugs in train
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?