Latest news with #ForeignCurrencyConvertible
Mint
01-08-2025
- Business
- Mint
Small-cap stock under ₹50: NBFC declares board meeting to consider fundraising. Details here
Stock Market Today: Small-cap stock under ₹ 50: An NBFC has declared a board meeting to consider fundraising. Details here about Paisalo Digital Limited 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.
Mint
01-08-2025
- Business
- Mint
Small-cap stock under ₹50: NBFC declares board meeting to consider fundraising. Details here
Stock Market Today: Small-cap stock under ₹ 50: An NBFC has declared a board meeting to consider fundraising. Details here about Paisalo Digital Limited 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. Small-cap stock under ₹ 50, an NBFC Paisalo Digital opened at ₹ 31.08 on the BSE on Friday. At the time of opening, the Paisalo Digital share price was almost flat compared to the previous day's closing price of ₹ 31.09. The small-cap stock under ₹ 50: The NBFC Paisalo Digital share price, however, gained further to ₹ 31.64, which translated into gains of almost 1%. Notably the gains for Paisalo Digital share price was on a day when the Indian stock market remained weak and the benchmark S&P BSE Sensex corrected 0.3-0.4%. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
31-07-2025
- Business
- Mint
LIC-owned NBFC stock rebounds following stock market recovery
Shares of Paisalo Digital saw a recovery after experiencing a drop of more than 2% during Thursday's trading session, amid market volatility. Technical experts believe that Paisalo Digital shares have seen no major traction and continue to trade flat. For the past four months, the 29.5 to 30 zone has acted as a strong base. On the flip side, 34 is the key resistance, followed by 36. A sustained move beyond 36 is needed to trigger positive momentum. Paisalo Digital shares today, opened at ₹ 31.11 apiece on the BSE, the stock touched an intraday low of ₹ 30.49 per share, and an intraday high of ₹ 31.50 apiece. Recently, the 7.5 percent Foreign Currency Convertible Bonds (FCCBs) of the non-banking financial company (NBFC), amounting to USD 50 million, have now been officially listed on the 'Global Securities Market' of the India International Exchange (IFSC) Limited, effective July 31, 2025. These bonds were originally issued on December 10, 2024, with a coupon rate of 7.50 percent and a maturity date set for December 10, 2029. This listing allows these debt securities to be traded on the India INX platform, providing investors with a new opportunity to engage with Paisalo Digital's financial instruments, with GLAS Trust Company LLC serving as the trustee.
