Paisalo Digital Limited has officially notified stock exchanges regarding a name change of its Managing Director and Promoter, ensuring compliance with regulatory disclosure requirements under Regulation 30.

Management Personnel Name Change Details

The company received formal intimation from its Managing Director regarding the modification of his legal name. The change involves the inclusion of his father's name in his official designation.

Supporting Documentation and Compliance

The name change process has been completed with full regulatory compliance. Paisalo Digital received comprehensive documentation supporting the modification, including:

• Official gazette notification from the Government of India
• Updated Aadhaar card reflecting the new name
• Revised PAN card with the corrected designation

The gazette notification, published in Part IV of The Gazette of India, confirms the legal name change from Sunil Agarwal to Sunil Purushottanm Agarwal. The document states that the individual has complied with all legal requirements in connection with the name modification.

Regulatory Communication

Paisal Digital's Company Secretary and Chief Compliance Officer, Manendra Singh, formally communicated the change to both major stock exchanges. The notification was sent to:

• BSE Limited (Scrip Code: 532900)
• National Stock Exchange of India Limited (Scrip Symbol: PAISALO)

The company has requested both exchanges to update their records accordingly. This administrative change does not impact the individual's role or responsibilities as Managing Director and Promoter of the company.

Identity Document Updates

The updated identity documents reflect the complete name change process. The new Aadhaar card shows "Sunil Purushottam Agarwal" as the registered name, while the PAN card displays "SUNIL PURUSHOTTANM AGARWAL." Both documents maintain the same identification numbers and personal details, with only the name field modified to include the patronymic designation.

This name change represents a standard administrative procedure that ensures consistency across all official documents and regulatory filings. The company has completed all necessary formalities and maintained transparency with stakeholders through proper disclosure channels.

Paisalo digital has successfully allotted 100 commercial papers (CPs) worth ₹50 crore through private placement, as announced on April 10, 2026. The allotment was approved by the company's Operations and Finance Committee of Board of Directors in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The commercial papers were issued with specific terms designed for short-term funding requirements. The securities carry attractive pricing with a discount to face value, reflecting current market conditions for commercial paper issuances.

Issuance Structure

The commercial papers were issued through private placement to listed status, providing investors with tradeable securities. Bank of Maharashtra has been appointed as the Issue and Paying Agent (IPA) for the commercial paper program, ensuring proper administration and settlement of the instruments.

The 173-day tenure positions these commercial papers as short-term debt instruments, typical for corporate funding requirements and working capital management. The discount pricing structure offers investors returns through the difference between issue price and redemption value.

Regulatory Compliance

Paisalo Digital Limited has fulfilled all regulatory requirements for the commercial paper allotment. The company has made the relevant information available on its website at www.paisalo.in and notified both BSE Limited and National Stock Exchange of India Limited as per listing obligations.

The allotment represents part of the company's broader debt instrument portfolio, which includes multiple series of Non-Convertible Debentures (NCDs) and commercial papers already listed on the exchanges.