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.