Corporate News
Sunil Agarwal, a promoter of Paisalo Digital Limited, has disclosed the release of pledged shares, totaling 27.75 million shares, representing approximately 30% of the company's outstanding shares. These shares were previously pledged to Bajaj Financial Securities Limited and other entities, including Motilal Oswal Financial Services and Sharekhan Limited, as collateral for debt instruments. The releases are part of a series of encumbrances and releases spanning from June 2026, with the purpose stated as facilitating margin trading and not involving a transfer of ownership or control. The value of the released shares is approximately Rs 4.80 crore, and the transactions were related to debt instruments with credit ratings and ISINs, though specific details remain undisclosed.