Archive · 11 Jun 2025
Paisalo Digital Stock Rises After Redeeming ₹30 Crore in Papers
Paisalo Digital, a company backed by LIC, paid back ₹30 crore it borrowed in short-term loans called commercial papers on June 10, 2025.
These papers were traded on the Bombay Stock Exchange.
Before this, the company announced it would raise funds by selling bonds.
The stock's price went up a little on Wednesday, showing some positive movement after this announcement.
Paisalo Digital, an LIC-owned NBFC, redeemed commercial papers worth ₹30 crore.
Commercial papers matured and were redeemed on June 10, 2025.
These papers were listed on the BSE.
The stock opened at ₹32.73 but reached an intraday high of ₹33.95.
The company previously announced a fundraise via NCDs.
- Who
- Paisalo Digital, an LIC-owned NBFC
- What
- Paisalo Digital redeemed commercial papers.
- When
- June 10, 2025
- Where
- BSE
- Why
- To fulfill obligations of maturing commercial papers.
Positive Impact
Market Outlook
Financial Health
Positive Impact
Redemption demonstrates financial discipline and stability.
Market Outlook
Improved investor confidence and sentiment around the counter.
- Commercial Paper Redeemed
- ₹30 crore
- Maturity/Redemption Date
- June 10, 2025
- Listing Exchange
- BSE
- NCD Face Value
- ₹1 lakh
- NCD Tenure
- 24 months
