Spandana Sphoorty Financial has received an approval for the issuance of Listed, Senior, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) 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 June 10, 2023 has inter-alia approved the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.