Paisalo Digital Limited has informed the Exchange regarding Outcome of Committee Meeting held on April 02, 2026.
PAISALO · price
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Paisalo Digital Limited's Operations and Finance Committee allotted 1,300 Commercial Papers on April 02, 2026 through private placement. The CPs have a face value of Rs. 5 lakh each, issued at Rs. 4.78 lakh per unit, yielding 9% interest. The total redemption value is Rs. 65 crore, maturing on September 29, 2026 over a 180-day tenure. The CPs are listed on the stock exchange with Bank of Maharashtra as the Issuing and Paying Agent.
The company has successfully raised short-term funds of Rs. 65 crore through listed Commercial Papers. This represents a debt instrument for working capital needs rather than equity dilution. The 9% yield indicates relatively favorable borrowing terms for the company.