Announced Sat, 18 Jul · 15:32 IST
Paul Merchants subsidiary launches two new lending products
Business Updates View source PDF
PML · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹487.70
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.6-0.6-0.5+1.2-1.2—————
Up moveDown movePending
AI summary
Paul Merchants Ltd's wholly owned material subsidiary, Paul Merchants Finance Private Limited (PMFPL), has approved the launch of two new lending products: Loan Against Securities and Loan Against Silver, with immediate effect from July 18, 2026. The products fall under financial services lending and are targeted at the domestic market. No expected financial impact was disclosed.
Likely market impact
Expansion of PMFPL's product range could grow its loan book and revenue, though no financial impact or scale guidance was provided.