In furtherance to letter No. SSFL/Stock Exchange/2023-24/076 dated August 13, 2023 and pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Spandana Sphoorty Financial has informed that the Management Committee of the Board of Directors of the Company at its meeting held on Thursday, August 17, 2023 has considered and approved the issuance of Listed, Senior, Secured, Rated, Redeemable Non-Convertible Debentures up to Rs.75,00,00,000 including green shoe option of Rs 25,00,00,000 on a private placement basis. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are enclosed. The meeting commenced at 10:00 am and concluded at 10:30 am.
The above information is a part of company’s filings submitted to BSE.
