New Delhi, Sept. 2 -- NBFC company Paisalo Digital share price rallied as much as 5.77 per cent to Rs.31.79 apiece in Tuesday's trading session after the company announced fundraise plans on Monday, September 1.

The NBFC stock has remained volatile in the near-term. The stock gained over 3 per cent in a month, however, descended nearly 10.60 per cent in six months.

In an exchange filing, the NBFC company said that the board will meet on September 4 to consider and approve the proposal to raise funds by issuance of non-convertible debentures on private placement basis.

"We would like to inform you that meeting of Operations and Finance Committee of the Board of Directors of Paisalo Digital Limited is scheduled to be held on September 4,...