<h1>Paisalo Digital Limited Confirms Full Utilization of Proceeds from Debt Instruments</h1>
Paisalo Digital Limited has confirmed the complete utilization of funds raised from various debt instruments issued through private placements. The company reported that all proceeds have been used for their intended purpose, with no deviation recorded in the allocation or application of these funds as of the quarter ended June 30, 2026.
The firm detailed the proceeds utilized across four tranches of Commercial Papers (CPs), which were raised between April and May 2026. The total amount raised was fully dedicated to its designated business objective.
A statement reviewed by the Audit Committee confirmed that the funds raised from these debt securities were entirely applied for the stated purpose, specifically related to lending activities.
Details of Fund Raising and Utilization
The company structured the fundraising through private placement, issuing Commercial Papers. The following table details each issuance, the amount raised, and its status regarding fund utilization:| Instrument Type | Date of Raising Funds | Amount Raised (Rs. in Crore) | Status of Utilization |
|---|---|---|---|
| Commercial Papers | April 2, 2026 | 62.24 | Fully Utilized |
| Commercial Papers | April 8, 2026 | 11.50 | Fully Utilized |
| Commercial Papers | April 10, 2026 | 4.80 | Fully Utilized |
| Commercial Papers | May 8, 2026 | 33.56 | Fully Utilized |
The funds raised across all these instruments were designated for lending activities, and the company confirmed that no deviation occurred in this regard. The utilization status of all proceeds as of June 30, 2026, indicated full deployment according to the objects for which the funds were sought.
PAISALO Stock Price Movement
Shares of Paisalo Digital Limited are tumbling at 3:11 PM, slipping 2.1% in live trading to ₹69.62 as they approach their daily low of ₹69.51. Trading activity remains robust, with the stock reaching a volume of 26.6 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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