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Spandana Sphoorty Financial raises Rs 202.22 crore through NCDs

19 Dec 2022 Evaluate

Spandana Sphoorty Financial has raised Rs 202.22 crore through allotment of 2,000 Secured, Senior, Redeemable, Transferable, Listed, Principle-Protected Market Linked Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at a premium of Rs 11,143 each, on a private placement basis in demat form.

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

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