LIC-owned Paisalo Digital redeems 1,200 non-convertible debentures worth Rs 12 crore – Check Details
GH News March 31, 2025 03:06 PM

Life Insurance Corporation of India-owned small-cap NBFC (Non-Banking Financial Services) Paisalo Digital has shared details about the redemption of 1200 NCDs with a face value of Rs 100000 each. The company has informed exchanges about the redemption of non-convertible debentures (NCDs) upon maturity.
According to the information shared the face value of these NCDs is Rs 100000 each. The company also said that the remaining 600 non-convertible debentures under the said ISIN will mature on June 28 2025.
Pursuant to issue terms 9.95 per cent Listed Secured Redeemable Non-Convertible Debentures (Series- PDL122023L2 ISIN: INE420C0707) having face value of Rs. 100000 each (NCDs) Company has partly redeemed 1200 NCDs on its maturity date i.e. March 28 2025 the company said.
The company which was incorporated in 1992 focuses on small finance to ensure rural development self-employment and women-empowerment.
Share Price
The stock ended the last session at Rs 34.03 - a gain of 0.15 per cent from the previous close of Rs 33.98 on the BSE.
The 52-week high of the stock is Rs 86.82 and the 52-week low is Rs 31.85. The market cap of the company is Rs 3068.64.
The stock has given a multibagger return of 321 per cent in five years. However it has corrected over 43 per cent in one year and around 31 per cent so far this year.
Earlier the country’s largest PSU bank State Bank of India (SBI) has invested in the Commercial Papers (CPs) issued by it.
According to the information shared with exchanges the company said that its Operations and Finance Committee of Board of Directors has made an allotment of 600 commercial papers worth over Rs 29 crore to SBI on March 11.
Also Delhi-NCR-based domestic institutional investor (DII) Equilibrated Venture Cflow (P) Ltd. has increased its stake in the LIC-backed non-banking financial company (NBFC) Paisalo Digital.
According to the information shared the acquisition was carried out through the open market.