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.