Shares of Paisalo Digital, a small-cap non-banking finance company (NBFC), witnessed an uptick in stock market trade on Friday, October 10, amid a positive trend in the Indian stock market and following a redemption update by the company.
Paisalo Digital, in an exchange filing, today announced that fully redeemed 600 non-convertible debentures (NCDs) on the maturity date, i.e. October 10, 2025. These NCDs are secured and listed, carrying a coupon rate of 9.95% and having a face value of ₹1,00,000 each.
Paisalo Digital is part of the portfolio of India’s biggest institutional investor — Life Insurance Corporation of India (LIC). As of the June quarter of the ongoing fiscal, LIC held 77,59,511 shares, representing a 1.12% stake, of Paisalo Digital.
Another PSU insurer, SBI Life Insurance Company, also holds a stake in the small-cap stock. SBI Life’s stake in Paisalo Digital as of Q1 FY26 stood at 8.86% (6,21,14,267 shares).
