New Delhi, March 20 -- Paisalo Digital share price jumped over 6% on Thursday after the company announced the redemption of commercial papers worth Rs.30 crore. The small-cap stock rallied as much as 6.35% to Rs.36.46 apiece on the BSE.

The small-cap Non Banking Financial Company (NBFC), Paisalo Digital said it has fully redeemed and repaid Commercial Papers with a maturity amount of Rs.30 crore on March 20.

The commercial papers were listed on BSE and had a Maturity Date of March 20. The payment was made on the same date, according to a stock exchange filing on Thursday.

Earlier on March 19, Paisalo Digital's board of directors approved fundraising via the issuance of Commercial Papers (CP) to the country's largest lender, State Bank ...