Spandana Sphoorty Financial has raised Rs 60 crore through the allotment of Secured, Rated, Listed, Redeemable, Transferable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, on a private placement basis in demat form. Management Committee of the Board of Directors of the Company vide its resolution dated October 20, 2022, has approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.
