Paisalo Digital stock rises after redeeming ₹30 crore papers

Shares of Paisalo Digital, a non-banking financial company (NBFC) owned by LIC and trading under ₹50, rose in Wednesday's trading session. This followed the company's announcement of redeeming commercial papers valued at ₹30 crore. The company informed the National Stock Exchange and Bombay Stock Exchange on June 10, 2025, about the redemption of the commercial papers. The papers matured on June 10, 2025, and were listed on the BSE. Earlier in June, Paisalo Digital also announced a fund-raising move, allotting debentures through private placement. The stock opened at ₹32.73 on Wednesday, later reaching an intraday high of ₹33.95.