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PAISALO — Paisalo Digital News Story

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India's Paisalo Digital hits upper circuit after promoters increase stake in Q1

BUZZ-India's Paisalo Digital hits upper circuit after promoters increase stake in Q1

** Shares of Paisalo Digital PISA.NS jump 20% to 70.92 rupees, hitting exchange-mandated upper limit of trading band

** Non-banking financial co said promoter shareholding increased by 4.97 percentage points to 46.72% in Q1

** Co's Deputy Managing Director Santanu Agarwal said increase in promoter shareholding is a strong reflection of long-term confidence in Paisalo's growth journey

** Trading vols over 6x the 30-day average at 74.2 mln shares so far

** YTD, PISA up ~96%


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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