Spandana Sphoorty Financial has raised Rs 50 crore through allotment of 500 Rated, Listed, Unsubordinated, Secured, Transferable, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, on a private placement basis. The management committee of the Board of Directors of the Company at its meeting held on December 15, 2022 has approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.
