In a regulatory filing dated July 21, 2025, Paisalo Digital Limited announced a slew of corporate actions following its Board Meeting held earlier the same day. Among the key decisions were finalisations regarding the 33rd Annual General Meeting (AGM), senior management promotions, director appointments, and auditor nominations, showcasing the company’s ongoing commitment to structured corporate governance and internal development.

The 33rd AGM of the company is scheduled for September 29, 2025, and the Book Closure period has been set from September 23 to September 29, 2025 (both days inclusive). Shareholders on record as of the book closure dates will be eligible to vote and receive dividends for the financial year 2024–25, subject to approval at the AGM.

Among the internal recognitions, Mr. Sushant Sharma, who was serving as Executive Vice President – IT, has been promoted to Senior Vice President – IT. Similarly, Ms. Nishtha Sharma, who was Vice President – Marketing, has been elevated to the role of Senior Vice President – Marketing. Both promotions will be effective from August 1, 2025.

Sushant Sharma, who has over 15 years of experience including time at Reliance, has been instrumental in overseeing software development, cybersecurity, server management, and database operations at Paisalo Digital. His leadership in IT has been crucial in streamlining digital operations in line with Paisalo’s tech-driven NBFC model.

Nishtha Sharma has an impressive portfolio in brand and marketing leadership, having previously worked with iconic global names such as PepsiCo, Google, Nescafé, and Whirlpool. Her marketing acumen has helped the company build a 7 million+ digital brand community and her elevation reflects the impact she has made in brand positioning and digital outreach.

In compliance with amended Regulation 24A of SEBI (LODR) Regulations, 2015, the Board has approved the appointment of M/s Satish Jadon & Associates as the Secretarial Auditor for a five-year term, subject to shareholder approval. If approved at the AGM, the appointment will be effective from the conclusion of the 33rd AGM until the conclusion of the 38th AGM in 2030.

Mr. Satish Kumar Jadon, the firm’s proprietor, brings over 15 years of experience in corporate compliance, arbitration, and NCLT-related matters. He is a Fellow Member of the Institute of Company Secretaries of India and has a notable track record of excellence in company law and governance.

The Board also cleared two major director-related resolutions for shareholder approval at the upcoming AGM:

• Mr. Harish Singh, who is liable to retire by rotation, has been recommended for reappointment. A Fellow Member of the ICAI and an MBA in Marketing, he contributes to key areas like audit, finance, fund raising, and compliance.

• Mr. Anoop Krishna, a retired Chief General Manager of SBI, has been recommended for reappointment as Executive Director for a term commencing February 23, 2026, till December 31, 2027. A seasoned banker with 35+ years of experience, he currently oversees strategic funding initiatives at Paisalo.

The Board also confirmed that none of the appointees are debarred by SEBI or any regulatory authority, as required under circulars issued by NSE and BSE dated June 20, 2018, and June 20, 2021, respectively.

The meeting, which commenced at 11:00 A.M. and concluded at 12:10 P.M., covered all matters listed in the agenda under Regulation 30 of the SEBI (LODR) Regulations, 2015. Copies of disclosures have been simultaneously shared with BSE Limited, NSE, Société de la Bourse de Luxembourg, and Afrinex Exchange Listing Centre, considering Paisalo’s multiple debt and commercial paper listings across exchanges.

Paisalo Digital, listed on both BSE (Scrip Code: 532900) and NSE (Symbol: PAISALO), continues to drive its strategy by integrating technological upgrades with strong governance frameworks. This latest update reflects a dual focus on strengthening its leadership bandwidth and fulfilling regulatory obligations.

With strategic funding leadership under Mr. Anoop Krishna, strengthened marketing under Ms. Nishtha Sharma, and IT systems led by Mr. Sushant Sharma, the company seems poised for accelerated digital lending growth in the MSME and self-employed segments, which it primarily serves.

Further updates will follow the shareholders’ decisions at the 33rd AGM.

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