Archive · 3 Sep 2025
Paisalo Digital Shares Surge on Fundraising Plans, LIC Stake
Paisalo Digital's stock price rose over 8% because they plan to raise money by selling bonds called NCDs.
They will discuss this on September 4, 2025.
The Life Insurance Corporation of India (LIC) owns part of the company but has slightly decreased its stake.
The stock has been down overall this year but has improved recently.
The stock gained for the third straight day.
Analysts suggest the fundraising could help, but challenges remain for NBFCs.
Paisalo Digital shares surged more than 8% on September 3, 2025.
The Operations and Finance Committee will meet on September 4 to consider fundraising via NCDs.
LIC holds a 1.12% stake as of June 2025.
The stock has gained over 11% in the last three sessions.
The stock has decreased over the last six months but has gained over the last month.
- Who
- Paisalo Digital
- What
- Share price increased due to fundraising plans
- When
- September 3, 2025
- Where
- BSE
- Why
- The NBFC plans to consider fundraising via Listed Secured Non-Convertible Debentures.
- Stock Price Increase
- Over 8%
- Reason for Increase
- Fundraising via NCDs
- Meeting Date
- September 4, 2025
- LIC Stake
- 1.12% as of June 2025
- Stock Performance Last Month
- Up 10%
- Stock Performance Last Year
- Down 53%
