About Paisalo Digital Limited

Paisalo Digital Limited is a Non-Banking Financial Company incorporated on March 05, 1992, focused on providing loans to underserved retail and MSME borrowers across rural and semi-urban India, with 100% of turnover from financial services as of FY 2024-25. Its core products include Small Income Generation Loans, MSME/SME/Commercial Loans, and Vehicle Loans including E-vehicles and used cars, tailored to “Real Bharat” through tech-enabled origination and servicing. Operations are domestic-only, with no exports, spanning 22 States via 351 branches, 1,314 Business Correspondent CSPs, and 1,900 distribution points, totalling 3,565 touch points as on March 31, 2025. The Company has one wholly owned subsidiary, Nupur Finvest Private Limited, incorporated in 1995 and registered with RBI in 2008; NFPL focuses on Small Finance and SME Loan divisions. Key milestones in FY 2024-25 include issuance of USD 50 million FCCBs with 2,000 FCCBs converted into 37,01,792 equity shares, ESPS 2024 allotment of 3,72,517 shares, multiple listed NCD and CP issuances, and strengthened co-lending partnerships with public sector banks under RBI’s CLM model. The Company reported standalone revenue from operations of Rs 734.83 crore and profit after tax of Rs 197.69 crore in FY 2024-25; consolidated PAT was Rs 200.12 crore, with net worth of Rs 15,257.01 million on a standalone basis.

Paisalo Digital Limited Business Segment

• Products/services share of turnover (FY 2024-25):
  • Small Income Generation Loans — 12.80 of turnover.

  • MSME/SME/Commercial Loans — 84.57 of turnover.

  • Vehicle Loans — 2.63 of turnover.

• Geographic split:
  • India — Company operates solely in India;

Paisalo Digital Limited Key Management

• Sunil Agarwal — Managing Director and CEO.

• Harish Singh — Executive Director and CFO.

• Manendra Singh — Chief Compliance Officer and Company Secretary.

• Vijuy Ronjan — Non-Executive Independent Director.

• Raman Aggarwal — Non-Executive Director.

• Dr. Dharmendra Singh Gangwar — Non-Executive Independent Director.

• Anoop Krishna — Whole-time Director designated as Executive Director (tenure details referenced in AGM notice).

Latest Updates on Paisalo Digital Limited

• Issued 50,000 FCCBs of USD 1,000 face value at 7.5; 2,000 FCCBs converted during the year into 37,01,792 equity shares of Re 1 each.

• Allotted 3,72,517 equity shares under Paisalo Employee Share Purchase Scheme 2024 to eligible employees of the Company and its wholly owned subsidiary.

• Raised listed Non-Convertible Debentures aggregating Rs 70.00 crore on private placement; also issued multiple Commercial Papers during FY 2024-25 with rates between 10 and 11.05 per annum.

• Strengthened co-lending partnerships with State Bank of India, Bank of Baroda, UCO Bank, Punjab National Bank, and Karnataka Bank; Paisalo contributes 20 and partner banks 80 under RBI’s CLM to expand inclusive credit in AGRI, MSME and small business segments through end-to-end digital processes.

• Members approved an increase in authorised share capital to Rs 180.00 crore, borrowing powers up to Rs 9,000.00 crore, and enabling resolutions for capital raising, alongside director appointments and ESPS 2024 approvals in FY 2024-25.