Spandana Sphoorty Financial has raised Rs 30.10 crore through the allotment of 3,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each, at a premium of Rs 340.07 per debenture, on private placement basis issued through Disclosure Document dated October 11, 2023. The Management Committee of the Board of Directors of the Company vide its resolution dated October 12, 2023, approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.
