Spandana Sphoorty Financial has received approval to raise Rs 23 crore through issuance of 230 Secured, Rated, Listed, Redeemable, Transferable, Non-convertible Debentures (NCDs) of face value of Rs 10,00,000 each on private placement basis. The management committee of the board of directors of the Company at its meeting held on July 26, 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.
