PAISALONSEPaisalo Digital LimitedLowNeutral
Announced Sat, 30 Aug · 10:15 IST

Paisalo Digital Limited has informed the Exchange about Revised disclosure of appointment of Internal Ombudsman

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Paisalo Digital Limited has informed the stock exchanges about the revised disclosure regarding the appointment of Mr. Rajesh Kumar Singh as the Internal Ombudsman of the company. The appointment is effective from September 01, 2025. This appointment has been made in line with the Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2023, which mandates NBFCs to appoint an Internal Ombudsman as part of regulatory compliance. Mr. Singh will serve as an independent grievance redressal authority for customer complaints within the company.

Likely market impact

This is a routine regulatory compliance appointment required by the RBI for NBFCs and is unlikely to have any material impact on the stock price. It reinforces the company's adherence to customer grievance redressal norms and strengthens its governance framework.