Paisalo Digital promoter acquires 16.3 lakh shares, stock surges nearly 2%

Paisalo Digital Limited’s promoter has acquired 16.3 lakh shares, or 0.18% equity, in the company via the open market on September 23. The acquisition reflects continued confidence in the company’s growth potential.

Paisalo Digital, a non-deposit-taking, non-banking financial company, focuses on providing accessible loans for small businesses, entrepreneurs, and individuals. The company offers a range of financial products, including SME and MSME loans, income generation loans, and mobility loans aimed at supporting business growth and self-employment.

As of 1:41 PM, Paisalo Digital shares were trading 1.04% higher at ₹60.22 on the NSE, reflecting positive market sentiment following the promoter’s acquisition.

Paisalo Digital Share Price history