Paisalo Digital Limited Allots Commercial Papers in Private Placement
Paisalo Digital Limited announced the allotment of Commercial Papers (CPs) on May 08, 2026. The allotment was executed following approval by the Operations and Finance Committee of the Board of Directors, classifying the issuance as a Private Placement.The company allotted a total of 700 Commercial Papers (CPs) with a face value of Rs. 5,00,000.00 each. The issue price for these CPs was set at Rs. 4,79,430.50, and the papers carry a redemption value of Rs. 35,00,00,000.00.
The CPs have a tenure of 180 days from the date of allotment. Key details of the issuance are provided below:
| Detail | Value |
|---|---|
| Type of Securities | Commercial Papers |
| Type of Issuance | Private Placement |
| Listed/Unlisted | Listed |
| Total Number of CPs allotted | 700 CPs |
| Face Value | Rs. 5,00,000.00 each |
| Issue price | Rs. 4,79,430.50 |
| Redemption Value | Rs. 35,00,00,000.00 |
| Tenure of the CPs | 180 days |
| Date of Allotment | May 08, 2026 |
| Date of Maturity/Redemption date | November 04, 2026 |
| Name of IPA | Bank of Maharshtra |
PAISALO Stock Price Movement
Shares of Paisalo Digital Limited are edging higher to ₹49.93 as of 12:47 PM today, rallying 0.77% on the momentum of the day. The stock is currently showing strong institutional interest, moving on a volume of 5.18 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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