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Spandana Sphoorty Financial raises Rs 65 crore via NCDs

22 Dec 2022 Evaluate

Spandana Sphoorty Financial has raised Rs 65 crore through allotment of 650 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, on a private placement basis in demat form. The Management Committee of the Board of Directors of the Company vide its resolution dated December 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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