StockWatch
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Non Banking Financial Company (NBFC)
Loan & Debt14 Jul 2026, 11:40 am

Paisalo Digital Allots 800 Commercial Papers Worth ₹40 Cr

AI Summary

Paisalo Digital Limited announced the allotment of 800 Commercial Papers (CPs) on July 14, 2026, through a private placement. The total face value of these CPs is ₹40,00,00,000.00 (₹40 Crores), with each CP having a face value of ₹5,00,000.00. The issue price per CP was ₹4,79,998.00, and the redemption value is ₹40,00,00,000.00. These CPs have a tenure of 169 days, maturing on December 30, 2026. The allotment was made by the Operations and Finance Committee of the Board of Directors. Bank of Maharashtra acted as the IPA. The information is available on the company's website.

Key Highlights

  • Paisalo Digital allotted 800 Commercial Papers.
  • Total face value of CPs is ₹40 Crores.
  • CPs have a tenure of 169 days.
  • Maturity date is December 30, 2026.
  • Allotment via private placement.