AMPL and Paisalo becomes one entity
Paisalo Digital Limited Paisalo Digital Limited (Paisalo) is a Non-Deposit Taking Systemically Important Non-Banking Finance Company (ND-SI-NBFC) engaged in lending to individuals, SSIs, SMEs and other manufacturing, trading and service sector entities/ organisations for income generation activities. The shares of the company are listed on BSE, NSE and Depository Receipts on Luxembourg Stock Exchange. Earlier this year, the company changed its name from S.E. Investments Limited to Paisalo Digital Limited. Agarwal Meadows Private Limited Agarwal Meadows Private Limited (AMPL) is Delhi based company, engaged in the business of renting of commercial property. Substantial stake of AMPL is held by promoter entity of Paisalo. Proposed Transaction The Board of Directors of the company in their meeting held on February 23, 2018 approved the scheme of Amalgamation of AMPL with Paisalo. Appointed date for the transaction is closing hours of December 31, 2017. Swap Ratio ...