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Paisalo Digital Ltd. ( (IN:PAISALO) ) has issued an update.
Paisalo Digital Ltd. has reported that funds raised through recent private placements of non-convertible debentures and commercial papers have been fully utilized in line with stated objectives for on-lending. The company confirmed there were no deviations or variations in use of proceeds for the quarter ended March 31, 2026, with the utilization statement reviewed by the Audit Committee and showing no adverse comments from auditors.
The disclosure covers Rs 51 crore raised via debentures on March 18, 2026 and Rs 29.16 crore raised via commercial papers on February 27, 2026, both deployed entirely for lending activities as originally planned. This compliance-focused update reinforces Paisalo Digital’s adherence to SEBI listing obligations and transparency norms, offering assurance to debt investors and other stakeholders about disciplined use of capital raised through its debt securities.
More about Paisalo Digital Ltd.
Paisalo Digital Ltd. is a non-banking financial company focused on on-lending activities through instruments such as non-convertible debentures and commercial papers. The company operates in India’s credit market, raising debt via private placements to support its lending operations, and is listed on both BSE and NSE under the symbol PAISALO.
Average Trading Volume: 362,697
Technical Sentiment Signal: Strong Buy
Current Market Cap: 44.98B INR
Find detailed analytics on PAISALO stock on TipRanks’ Stock Analysis page.