Spandana Sphoorty Financial has raised Rs 75 crore through the allotment of 7,500 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each at par including a green shoe option of up-to 3,500 Senior, Secured, Rated, Listed, Redeemable, NCDs. The Management Committee of the Board of Directors of the Company vide its resolution dated October 06, 2023, has approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.
