Investment8 April 2026 at 08:01 am
Paisalo Digital Ltd Allots Commercial Papers Worth Rs. 12 Crores
AI Summary
Paisalo Digital Ltd has allotted 240 Commercial Papers (CPs) worth Rs. 12 crores in a private placement. The face value of each CP is Rs. 5,00,000 and the issue price is Rs. 4,79,332. The CPs have a tenure of 183 days from the date of allotment, which is April 08, 2026, and will mature on October 08, 2026. The allotment was made by the Operations and Finance Committee of the Board of Directors. The CPs are listed and the allotment has been made by Bank of Maharshtra. The company has requested stakeholders to take note of this development.
Key Highlights
- Paisalo Digital Ltd allots 240 Commercial Papers worth Rs. 12 crores
- Each CP has a face value of Rs. 5,00,000 and an issue price of Rs. 4,79,332
- The CPs have a tenure of 183 days from the date of allotment
- The allotment was made by the Operations and Finance Committee of the Board of Directors
- Bank of Maharshtra is the IPA for the allotment