Paisalo Digital Limited informed the exchanges on Tuesday, September 23, that its promoter group entity, Equilibrated Venture Cflow Pvt. Ltd., has released pledged shares of the company.
According to the filing, the release of encumbrance covered 2.4 crore shares, representing about 5.67% of the company’s total share capital. The value of shares on the date of the release was estimated at over ₹151.89 crore.
Following the release, Equilibrated Venture Cflow continues to hold 17.74 crore shares, amounting to 19.67% of Paisalo Digital’s total shareholding, with 8.14 crore shares (9.02% of total capital) still encumbered.
The filing clarified that the release was linked to loans and earlier encumbrances created for meeting financial obligations, including onward payment for equity warrants and maintaining security margins.
Paisalo Digital, a non-banking finance company (NBFC), provides financial services including lending to small and medium enterprises (SMEs) and individuals, with a focus on rural and semi-urban markets.
