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Spandana Sphoorty Financial raises Rs 75 crore through NCDs

13 Jun 2023 Evaluate

Spandana Sphoorty Financial has raised Rs 75 crore through allotment of 7500 Secured, Senior, Redeemable, Transferable, Listed, Rated Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each, including a green shoe option up to Rs 25 crore on a private placement basis in demat form, issued through Disclosure Document dated June 09, 2023.

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

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