Spandana Sphoorty Financial has raised Rs 30 crore through the allotment of 3,000 Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each, issued through Disclosure Document dated September 01, 2023. The Management Committee of the Board of Directors of the Company vide its resolution dated September 4, 2023, has approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.