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Spandana Sphoorty Financial gets nod to raise fund through various mode

10 Jan 2022 Evaluate

Spandana Sphoorty Financial has received approval from board of directors for raising of funds by way of further issue of securities through private offerings and/or qualified institutions placement or other permissible mode under the applicable laws and/ or any combination thereof, in one or more tranches, for an aggregate amount not exceeding Rs 300 crore, subject to applicable laws, and necessary Members of the Company/Regulatory approvals, as applicable. The Board of Directors at its meeting held on January 10, 2022 has approved the same.

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.

Spandana Sphoorty Share Price

225.90 -1.40 (-0.62%)
17-Apr-2026 16:59 View Price Chart
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