Spandana Sphoorty Financial has raised Rs 40 crore through Rated, Unsubordinated, Secured, Transferable, Redeemable, Unlisted Non-Convertible Debentures (NCDs) and allotted 400 NCDs having face value of Rs 10 lakh each, at par, on a private placement basis in demat form. The Board of Directors of the Company at its meeting held on June 16, 2022, has approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.
