Paisalo Digital spurts on fund raising plan
Paisalo Digital climbed 6.50% to Rs 32.10 after the company scheduled a board committee meeting to consider fund raising through non-convertible debentures (NCDs).
Paisalo Digital announced that its Operations and Finance Committee will meet on 4 September 2025. The agenda includes approving a proposal to raise funds via issuance of listed, secured, non-convertible debentures on a private placement basis.Paisalo is an NBFC focused on providing small-ticket loans to financially excluded segments, including SMEs, MSMEs and self-employed individuals. The company has co-lending tie-ups with major banks.
On a consolidated basis, the company's net profit rose 13.69% to Rs 47.17 crore on 17.24% increase in total income to Rs 218.71 crore in Q1 June 2025 over Q1 June 2024.
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