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Spandana Sphoorty Financial raises Rs 200 crore through NCDs

23 Nov 2022 Evaluate

Spandana Sphoorty Financial has raised Rs 200 crore through allotment of 2000 Secured, Senior, Redeemable, Transferable, Listed, Principal Protected, Market Linked, Rated Non-Convertible Debentures (NCDs) having face value of Rs. 10 lakh each, at par, on a private placement basis. The Management Committee of Board of Directors of the Company at its meeting held on November 22, 2022 has approved and allotted the same.

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.

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