Paisalo Digital Submits Statutory Auditor-Certified Security Cover Certificate for 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:

Metric:	Value (Rs. in Crores)
Total Assets (Book Value):	6,191.66
Loans (Exclusive Charge — Debt for this certificate):	524.48
Loans (Exclusive Charge — Other Secured Debt):	483.74
Loans (Pari-Passu — Other Assets):	3,921.96
Loans (Assets not offered as security):	863.83
Property, Plant and Equipment:	84.09
Investments:	62.05
Cash and Cash Equivalents:	146.82
Trade Receivables:	17.66
Bank Balances other than Cash and Cash Equivalents:	3.00
Intangible Assets:	0.13
Others:	83.90

Liability Item:	Value (Rs. in Crores)
Total Liabilities:	4,418.74
Debt Securities (this certificate — Exclusive):	430.54
Debt Securities (Other Secured — Exclusive):	384.38
Bank Borrowings (Term Loan & Cash Credit — Pari-Passu):	3,043.40
Unsecured Debentures:	243.50
Subordinated Debt:	1.00
Others (Borrowings):	103.26
Trade Payables:	32.00
Provisions:	55.83
Others (Liabilities):	42.40

Security Cover Ratios

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

Security Cover Parameter:	Exclusive Charge (This Certificate)	Exclusive Charge (Other Secured)	Pari-Passu (Other Assets)	Overall
Cover on Market Value:	1.22	1.26	1.29	1.40
Exclusive Security Cover Ratio:	122%	126%	129%	140%
Carrying Value (Column L):	1,008.22	—	—	1,008.22
Cover on Carrying Value (Column L):	1.24	—	—	1.24

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.71%	-5.29%	+17.52%	+38.69%	+32.73%	+52.52%

Paisalo Digital Limited's Operations and Finance Committee of Board of Directors has allotted 700 Commercial Papers (CPs) on May 08, 2026, pursuant to Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The allotment was made through private placement, and the CPs are listed instruments. Bank of Maharashtra has been designated as the Issuing and Paying Agent (IPA) for this issuance.

Commercial Paper Allotment Details

The key terms of the allotment are outlined in the table below:

Parameter:	Details
Type of Securities:	Commercial Papers
Type of Issuance:	Private Placement
Listed/Unlisted:	Listed
Total Number of CPs Allotted:	700 CPs
Face Value:	Rs. 5,00,000.00 each
Issue Price:	Rs. 4,79,430.50
Redemption Value:	Rs. 35,00,00,000.00
Tenure:	180 days from the date of allotment
Date of Allotment:	May 08, 2026
Date of Maturity/Redemption:	November 04, 2026
Name of IPA:	Bank of Maharashtra

Regulatory Disclosure

The intimation of allotment was submitted to both BSE Limited and the National Stock Exchange of India Limited in compliance with applicable listing regulations. The company has also made the information available on its official website at www.paisalo.in . The disclosure was signed by Manendra Singh, Company Secretary of Paisalo Digital Limited, on May 08, 2026.