Paisalo Digital Limited has filed its fund utilisation statement for the quarter ended March 31, 2026, with BSE Limited and the National Stock Exchange of India Limited. The disclosure was made pursuant to Regulation 52(7) and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/DDHS_Div1/P/CIR/2022/0000000103 dated July 29, 2022. The company confirmed that all funds raised through debt securities and instruments during the quarter have been fully utilised for the purposes outlined in the respective Key Information Documents and offer documents.

Fund Utilisation Overview

Paisalo Digital raised funds through two instruments during the quarter via private placement — Non-Convertible Debentures (NCDs) and Commercial Papers (CPs). The company confirmed complete utilisation of proceeds from both instruments for on-lending purposes, with no deviation or variation reported. The statement was reviewed and cleared by the Audit Committee, with no comments raised by either the committee or the auditors.

The following table summarises the fund utilisation details for the quarter ended March 31, 2026:

Deviation and Variation Statement

As part of the regulatory disclosure, Paisalo Digital also submitted a detailed statement of deviation or variation in the use of issue proceeds. The company confirmed that there was no deviation or variation in the utilisation of funds raised under either instrument. Both instruments were utilised solely for on-lending, consistent with the original objects stated in the fund-raising documents. No modified objects or modified allocations were applicable, and no explanation for deviation was required.

For reference, the regulatory framework defines deviation or variation to include:

• (a) Deviation in the objects or purposes for which the funds have been raised
• (b) Deviation in the amount of funds actually utilised as against what was originally disclosed
• (c) Change in terms of a contract referred to in the fund-raising document, such as a prospectus or letter of offer

Regulatory Compliance and Signatories

The fund utilisation statement was signed by Manendra Singh, Company Secretary of Paisalo Digital Limited, and the deviation statement was certified by Sunil Purushottam Agarwal, Managing Director, both dated May 10, 2026. The Audit Committee reviewed the statement and offered no adverse comments, and no auditor remarks were recorded. The filing reaffirms the company's compliance with applicable SEBI listing obligations for the quarter ended March 31, 2026.

Paisalo Digital Limited, a non-banking financial company registered with the Reserve Bank of India, submitted its Security/Asset Cover Certificate to BSE on May 10, 2026, in compliance with Regulation 54(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The certificate pertains to the company's Secured Listed Rated Non-Convertible Debentures (NCDs), which are secured by way of first exclusive or pari-passu charge through hypothecation of receivables, as stated in the respective Offer Documents and Key Information Documents for the quarter ended March 31, 2026.

Auditor's Certification and Scope

The Security/Asset Cover Certificate was certified by Saket Jain & Co., Chartered Accountants (Firm Registration No. 014685N), the statutory auditors of the company, and signed by CA Ashish Jain (Membership No. 400599) at Delhi on May 10, 2026. The auditors confirmed that they had audited the financial statements for the year ended March 31, 2026, and issued an unmodified audit opinion vide their report dated May 10, 2026. The examination was conducted in accordance with the Guidance Note on Reports or Certificates for Special Purposes issued by the Institute of Chartered Accountants of India (ICAI) and the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013.

The auditors performed the following key procedures in relation to the Statement:

• Audited the financial statements of the company for the year ended March 31, 2026
• Obtained and reviewed the Debenture Trust Deed and Key Information Document to note the required security cover percentage
• Traced and agreed the outstanding amount of debentures and accrued interest as on March 31, 2026 to audited financial information
• Verified the value of assets indicated in Annexure I against audited financial information and other relevant records
• Examined and verified the arithmetical accuracy of the security cover computation
• Performed necessary inquiries with management and obtained necessary representations

Security Cover Statement — Key Financial Data

The accompanying Statement presents asset and liability positions as at March 31, 2026, denominated in Rs. in Crores. The following table summarises the key asset and liability figures from the Security Cover Statement:

Security Cover Ratios

The Statement presents the computed security cover ratios as at March 31, 2026, as detailed below:

Auditor's Conclusion

Based on the procedures performed and according to the information, explanations, and management representations received, the statutory auditors stated that nothing came to their attention that would cause them to believe that Paisalo Digital has not maintained the minimum required security cover as per the terms of the Key Information Document, Debenture Trust Deed, and the Listing Regulations. The report was issued solely for submission to the Stock Exchanges and Debenture Trustees and is restricted to that purpose, as stated under the Restriction on Use clause of the auditor's report.

The filing was submitted to BSE by Company Secretary Manendra Singh on behalf of Paisalo Digital Limited on May 10, 2026.