StockWatch
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Non Banking Financial Company (NBFC)
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.