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Spandana Sphoorty Financial gets nod to raise Rs 125 crore

10 Mar 2023 Evaluate

Spandana Sphoorty Financial has received an approval for issue of Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures up to Rs 125 crore on a private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on March 10, 2023, has considered and approved the issuance of the same.

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

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