Spandana Sphoorty Financial has received approval to issue Secured, Unsubordinated, Rated, Transferable, Listed, Redeemable, Non-Convertible Debentures (NCDs) for a nominal value of up to Rs 10 lakh per debenture aggregating upto Rs 40 crore on private placement basis. The Management Committee of the Board of Directors of the company at its meeting held on June 14, 2022 has inter-alia considered and approved the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.
