Vaibhav Global announced on Thursday that the company has repaid the entire amount of outstanding Working Capital Term Loan (WCTL) of Rs 117 million along with the interest of Rs 46,677 to Punjab National Bank (PNB).

The company is formerly known as Vaibhav Gems, a vertically integrated gems and jewellery business company.

Shares of the company gained Rs 2.85, or 0.37%, to trade at Rs 770. (1:17 p.m., Thursday).