ALPHA TRIBE

Paisalo Digital LimitedImportant, 11-03-2025: Committee Meeting Updates

11-03-2025 | 11:56 am

Paisalo Digital Limited has announced a board meeting regarding the allotment of 600 Commercial Papers (CPs) to State Bank of India, each with a face value of ₹5,00,000. The total issue value is approximately ₹29.20 crore, with a yield of 11.05% and an issue price of ₹4,86,594.50. These CPs have a maturity period of 91 days. This strategic move could enhance liquidity for the company and support its operational needs. Investors may view this positively, as it indicates proactive financial management while also presenting a short-term investment opportunity.

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