Spandana Sphoorty Financial has received approval to raise not exceeding Rs 4000 crore through issuance of Non-Convertible Debentures (NCDs), in one or more tranches on private placement. The Board of Directors at its meeting held on July 11, 2022 has approved the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.