Paisalo Digital Limited Reports Utilization of Issue Proceeds for Q1 FY27
Paisalo Digital Limited has reported on the utilization of issue proceeds for the quarter ended March 31, 2026. The statement confirms that the funds raised from debt securities were utilized for their intended purposes, showing no deviation or variation.The company detailed the utilization of proceeds from two separate fund-raising instruments.
Details of Funds Raised and Utilized
The utilization statement confirms the following proceeds and usage:| Issuer | ISIN | Mode of Fund Raising | Instrument Type | Date Raised | Amount Raised (Rs. in Crore) | Funds Utilized | Deviation |
|---|---|---|---|---|---|---|---|
| Paisalo Digital Limited | INE420C07189 | Private Placement | Non-Convertible Debentures | March 18, 2026 | 51.00 | Yes | No |
| Paisalo Digital Limited | INE420C14243 | Private Placement | Commercial Papers | February 27, 2026 | 29.16 | Yes | No |
For both issuances, the initial object for raising funds was "On lending." The records confirm that the funds utilized for both the Non-Convertible Debentures (INR 51.00 crore) and the Commercial Papers (INR 29.16 crore) were used in accordance with their original objectives, with no reported deviation or variation.
The documentation provided confirms that the utilization of the issue proceeds adheres to the original allocation details. The funds utilized for the non-convertible debentures bear the original allocation of 51.00 crore, while the proceeds from the commercial papers were utilized against the original allocation of 29.16 crore.
PAISALO Stock Price Movement
On Friday, Paisalo Digital Limited shares slipped by 0.12% to settle at ₹49.51. The stock traded within a day range of ₹49.21 to ₹50.53, executing a total volume of 15.27 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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