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Spandana Sphoorty Financial gets nod to raise Rs 60 crore through NCDs

14 Oct 2022 Evaluate

Spandana Sphoorty Financial has received approval to raise Rs 60 crore through issuance of Secured, Rated, Listed, 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 October 14, 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.

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