MoneyWorks4Me

Spandana Sphoorty Financial gets nod to raise upto Rs 25 crore through NCDs

29 Sep 2022 Evaluate

Spandana Sphoorty Financial has received approval to raise upto Rs 25 crore through issuance of Unlisted, Secured, Rated, Non-Convertible Debentures (NCDs) on a private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on September 28, 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.

Peers