Paisalo Digital Limited has informed the Exchange about Utilisation of Funds
PAISALO · price
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Paisalo Digital Limited has confirmed that funds raised through two debt instruments have been fully utilized for their stated purpose with no deviation or variation. The company raised Rs. 51.00 crore via Non-Convertible Debentures (ISIN INE420C07189) on March 18, 2026, and Rs. 29.16 crore via Commercial Papers (ISIN INE420C14243) on February 27, 2026 — totalling Rs. 80.16 crore. The funds were deployed for on-lending, consistent with the objects disclosed in the respective offer/Key Information Documents. The statement for the quarter ended March 31, 2026 has been reviewed and approved by both the Audit Committee and Managing Director, with no comments or issues flagged.
The confirmation of full fund utilization without deviation is a routine compliance disclosure indicating proper deployment of capital as per plan. It carries no immediate positive or negative signal for the stock, but reassures debt investors that proceeds are being used as committed.