Tag: Paisalo Digital

Paisalo Digital appoints Nirmal Chand to its Board

Non-banking financial firm Paisalo Digital Limited announced the appointment of Nirmal Chand as Non-Executive Independent Director of the company, with effect from March 27, 2023. According to the company’s exchange filing, “This is to inform the Exchanges that the Members of the Company have passed the resolutions through postal ballot by way of electronic means…

Anoop Krishna appointed to the Board of Paisalo

Paisalo Digital Limited (Paisalo) announced the re-appointment of Anoop Krishna as an Executive Director, effective September 25, 2021. Anoop Krsihna has a rich experience of more than three decades of Banking Industry. He got amply rewarded and got several promotions and key assignments across the country. During his tenure as Head of Corporate Accounts Group…

Paisalo Digital to increase its capital base by Warrant Issue to Promoters

Paisalo Digital is increasing its capital base by Warrant Issue to Promoters. Board of Paisalo Digital has approved the issue of 2.61 million equity warrants on preferential basis to promoter group that shall be converted into equivalent number of equity shares, this shall increase the shareholding of promoters by approximately 5% of post issue capital.…

SBI Life acquires 9% stake in Paisalo Digital for Rs 186.20 cr

SBI Life Insurance Company said it has acquired nearly 9 per cent stake in non-banking finance company Paisalo Digital for about Rs 186.20 crore through the open market.  SBI Life has acquired a total of 38,00,000 equity shares equivalent to 8.99 per cent at Rs 489.99 per share for a cash consideration as an ordinary…