Paisalo Digital Limited has informed the Exchange about Credit Rating
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Paisalo Digital Limited's credit ratings have been reviewed by Infomerics Analytics and Research. The company received a reaffirmation of IVR AA/Stable (Double A with Stable Outlook) on its long-term bank facilities of Rs. 3,406.51 crore and proposed bank facilities of Rs. 1,093.49 crore. Its existing non-convertible debentures totaling Rs. 559 crore across multiple tranches were also reaffirmed at IVR AA/Stable. A new NCD facility of Rs. 1,500 crore was assigned the same IVR AA/Stable rating. Commercial paper facilities of Rs. 540 crore were reaffirmed at IVR A1+, the highest short-term rating. Total rated facilities stand at Rs. 7,099 crore, and the ratings are valid until August 5, 2026.
Stable, investment-grade ratings with no negative changes signal continued lender confidence and should be neutral to mildly positive for the stock. The new Rs. 1,500 crore NDC rating and increased bank facility limits suggest the company is expanding its borrowing capacity to support growth.