Spandana Sphoorty Financial has informed that pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Management Committee of the Board of Directors of the Company at their meeting held on Friday, March 05, 2021 has, pursuant to the authority entrusted by the resolution of Board of Directors dated June 14, 2018 and within the limits as approved by the Members of the Company vide Special Resolution passed through Postal Ballot on July 17, 2020 on Private Placement basis, in accordance with the provisions of Sections 42 and 71 of the Companies Act, 2013 and the applicable provisions of Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 (SEBI ILDS Regulations), inter-alia approved the issuance of Non-convertible Debentures upto Rs.110,00,00,000/- (Rupees One Hundred and
Ten Crores only).
The above infor mation is a part of company’s filings submitted to BSE.
