India’s Paisalo board to meet Thursday to discuss debenture offering

By Sarah Lizee

Olympia, Wash., Jan. 27 – Paisalo Digital Ltd. informed the Bombay Stock Exchange that its board of directors will now meet on Thursday, instead of Wednesday, to consider an issue of redeemable nonconvertible debentures.

The subordinated debt would be issued on a private placement basis, as previously reported.

Formerly known as S. E. Investments Ltd., Paisalo is a New Delhi-based financial company that offers loans for micro, small and medium enterprises.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.