
Small-cap stock under ₹50: NBFC declares board meeting to consider fundraising. Details here
Paisalo Digital, on Thursday, 31 July, after the market hours, intimated to the exchanges about its board meeting. In its release by Paisalo Digital on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange of India Intimated regarding raising of funds through private placement of nonconvertible debentures.
The small-cap stock under ₹ 50, an NBFC, Paisalo Digital, in it release said that 'we would like to inform you that the meeting of the Operations and Finance Committee of the Board of Directors of Paisalo Digital Limited is scheduled to be held on August 5, 2025.'
The meeting of the board of directors of Paisalo Digital will consider and approve the fundraising proposal by way of issuance of listed, secured, non-convertible debentures on a private placement basis.
Paisalo Digital Ltd. a day earlier (30 July 2025) had announced the listing of 7.5% Foreign Currency Convertible Bonds (FCCBs) Due 2029—Paisalo Digital Limited on the 'Global Securities Market' of India International Exchange (IFSC) Limited. The listing of 7.5% Foreign Currency Convertible Bonds (FCCBs) due in 2029 will be in effect from 31 July 2025 as per Paisalo Digital Limited. The company has issued .$50,000,000 at 7.5 percent. Secured Foreign Currency Convertible.
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Mint
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During the Court proceedings, if the borrower doesn't respond favourably, the Judge can pass an order to attach the borrower's assets for loan recovery. The attachment order can include the borrower's bank savings accounts, fixed deposits, etc. In the earlier section, we have seen how loan EMI repayment delays are reported to the credit bureaus. The credit score takes a hit, and the NPA status is reflected in the credit report. Once a loan account is categorised as an NPA, it will remain till the borrower clears the entire personal loan arrears, including principal and interest. If and when the borrower clears the entire personal loan arrears, the NPA account is upgraded to a standard account. We have discussed how delaying personal loan EMI repayment damages the credit score and leads to bank legal action for recovery. Any reports of delays/defaults in the credit report make it difficult for the borrower to get new loans or credit cards soon. Also, bank legal action can lead to the attachment of assets through a Court order. Hence, the borrower must pay all personal loan EMIs before or on time to ensure much-needed peace of mind. Gopal Gidwani is a freelance personal finance content writer with 15+ years of experience. He can be reached at LinkedIn. For all personal finance updates, visit here. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards, and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.


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