LIC-owned NBFC stock to be in focus on Wednesday

LIC-owned small-cap non-banking financial company (NBFC, Paisalo Digital shares will be in the focus of stock market investors on Wednesday, 25 June 2025, after the company approved a ₹480 crore fundraising allocation via commercial papers on Tuesday, 24 June 2025, according to an exchange filing. Paisalo Digital “approved the allocation of Commercial Papers (CPs) in one or more tranches aggregating up to ₹480,00,00,000 ( ₹470 crore) on a private placement basis,” as per the BSE filing. As per the filing data, the company also approved the allotment of 600 listed commercial papers amounting to ₹30 crore via another private placement.