Paisalo Digital Limited has informed the Exchange about Utilisation of Funds
PAISALO · price
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Awaiting price reaction for this filing.
Paisalo Digital Limited has confirmed to the exchanges that all funds raised through debt instruments during the quarter ended June 30, 2025 were fully utilized for their stated purpose. The company raised Rs. 108.40 crore in total through three instruments: two Commercial Papers of Rs. 29.20 crore each (raised on June 13 and June 24, 2025) and one Non-Convertible Debenture of Rs. 50.00 crore (raised on June 3, 2025). All funds were deployed towards 'on lending,' which is the core business activity of the company as an NBFC. The filing explicitly states there was no deviation or variation from the originally disclosed purpose. The statement was reviewed by the Audit Committee, which had no comments, and auditors also raised no concerns.
This is a routine regulatory compliance filing and a positive signal for investors — it confirms that Paisalo Digital is using borrowed funds in line with its stated lending business without any misuse or diversion. No immediate stock price impact is expected, but it reinforces governance discipline.