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Spandana Sphoorty Financial raises Rs 60 crore through NCDs

10 Sep 2022 Evaluate

Spandana Sphoorty Financial has raised Rs 60 crore through Secured, Rated, Listed, Redeemable, Transferable, Principal Protected, Market Linked (PP-MLD) Non- Convertible Debentures (NCDs) and allotted 600 NCDs at par, on a private placement basis. Date of maturity of said NCDs will be March 09, 2024.

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

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