
Loan & Debt4 Nov 2026, 01:13 pm
Paisalo Digital Allots 500 Commercial Papers Worth ₹25 Cr
AI Summary
Paisalo Digital Limited announced the allotment of 500 Commercial Papers (CPs) through a private placement by its Operations and Finance Committee. The total redemption value of these CPs is ₹25,00,00,000.00 (₹25 Crore). Each CP has a face value of ₹5,00,000.00 and was issued at a price of ₹4,84,523.00. The CPs have a tenure of 131 days from the allotment date of November 04, 2026, with a maturity date of March 15, 2027. The IPA for this issuance is Bank of Maharashtra. This move indicates Paisalo Digital's ongoing efforts to manage its short-term financing needs.
Key Highlights
- Allotment of 500 Commercial Papers completed.
- Total redemption value of CPs amounts to ₹25 Crore.
- CPs have a tenure of 131 days.
- Allotment made via private placement.
- Bank of Maharashtra acts as the IPA.
Price Impact
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