Spandana Sphoorty Financial has informed that the Management Committee of the Board of Directors of the Company at its meeting held on Friday, December 02, 2022 has considered and approved the issuance of 500 (Five Hundred) Senior, Secured, Rated, Listed, Redeemable, NonConvertible Debentures having face value of Rs 10,00,000 (Rupees Ten Lakh only) each aggregating up to Rs 50,00,00,000 (Rupees Fifty Crores only) with a green shoe option of up-to 500 (Five Hundred) Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures having face value of Rs 10,00,000 (Rupees Ten Lakh only) each aggregating upto Rs 100,00,00,000 (Rupees One Hundred Cores only) on private placement basis.
The above information is a part of company’s filings submitted to BSE.
