Paisalo Digital hits the roof after promoter's increase stake to 46.72%
Mumbai, July 1 -- The June 2026 quarter saw the promoter group's shareholding increase by 4.97% through open-market purchases.
The continued rise in promoter ownership, from around 26% in FY19 to its current level of 46.72%, reflects sustained confidence in the company's long-term business strategy and execution.
Alongside the stake increase, the company reiterated its three-year roadmap to double AUM, total income and PAT, supported by an AI-led lending model, expansion of its distribution network, disciplined underwriting, strong asset quality, and diversification of funding sources to lower its cost of capital.
Santanu Agarwal, deputy managing director, Paisalo Digital, said: "The increase in promoter shareholding to 46.72%, includi...
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