FCCB Committee to meet on October 1, 2026 to consider share allotment on part conversion of FCCBs
The company has informed exchanges that its FCCB Committee of the Board will meet on Thursday, October 01, 2026.
By ScoutQuest · · 1 min read
- Meeting Date
- Thursday, October 01, 2026
- Committee
- FCCB Committee of the Board
- Agenda
- Consider allotment of equity shares following a conversion notice received for part conversion of Foreign Currency Convertible Bonds (FCCBs)
What was shared
Paisalo Digital Limited has given prior intimation to BSE and NSE under Regulation 30 of SEBI LODR that a meeting of the FCCB Committee of the Board of Directors is scheduled for Thursday, October 01, 2026.
Purpose of the meeting
- To consider allotment of equity shares consequent to a conversion notice received.
- The notice relates to part conversion of Foreign Currency Convertible Bonds (FCCBs).
What FCCBs are
FCCBs are bonds raised in foreign currency that the holder may convert into equity shares of the company at agreed terms. On conversion, the company issues fresh shares and the corresponding debt is extinguished.
What investors may watch
- The number of shares to be allotted and the conversion price, once the committee decides.
- The resulting change in total share capital and the shareholding pattern, since fresh shares expand the equity base.
This is a procedural intimation ahead of the scheduled meeting; the outcome will be communicated separately.
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