Description
Paisalo Digital Ltd. lists 74,03,585 equity shares on BSE resulting from conversion of Foreign Currency Convertible Bonds, effective November 14, 2025.
Summary
BSE has approved the listing of 74,03,585 equity shares of Paisalo Digital Ltd. (Scrip Code: 532900) resulting from the conversion of Foreign Currency Convertible Bonds (FCCBs). The shares are admitted for trading with effect from Friday, November 14, 2025, and rank pari-passu with existing equity shares.
Key Points
- 74,03,585 equity shares of Re. 1/- each issued
- Issue price: Rs. 45.74 per share (Re. 1 face value + Rs. 44.74 premium)
- Purpose: Conversion of Foreign Currency Convertible Bonds (FCCBs)
- ISIN: INE420C01059
- Distinctive Numbers: 902118290 to 909521874
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular. This is a standard listing notification following FCCB conversion.
Compliance Requirements
- Trading members are informed to note the listing of new securities
- The securities are available for trading on the exchange from the effective date
- Standard trading and settlement procedures apply
Important Dates
- Date of Allotment: September 17, 2025
- Listing Date: November 14, 2025 (Friday)
- Circular Date: November 13, 2025
Impact Assessment
Market Impact: Low - This is a routine corporate action involving conversion of pre-existing FCCBs into equity shares. The conversion was completed in September 2025, and this circular merely formalizes the listing on BSE.
Dilution Impact: The addition of 74.03 lakh shares represents incremental dilution to existing shareholders. The actual impact depends on the existing share capital, but FCCB conversions are typically anticipated by the market.
Trading Impact: Minimal immediate trading impact expected as the conversion was completed two months prior to listing. The shares rank equally with existing shares and carry full rights from the allotment date.
Impact Justification
Routine listing of equity shares from FCCB conversion with moderate dilution of approximately 7.4 lakh shares, minimal market impact expected