New Delhi, Jan. 24 -- SBI Life-owned stock Paisalo Digital share price will be in focus on Tuesday, January 27 as the multibagger small-cap stock announced that it has redeemed Rs.1 crore of unlisted, unsecured redeemable non-convertible debentures (NCDs) by exercising a call option early. This will help in reducing long-term debt well ahead of the instruments' scheduled maturity. The stock informed the exchanges of this development on January 23.
In an exchange filing, the company said it had redeemed 10 NCDs under Series PDL-09-2023, aggregating to Rs.1 crore. These debentures carried an original maturity date of September 02, 2033.
"we wish to inform that the Company has partly redeemed, by opting the call option, 10 Unsecured Unlist...
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