Pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations), Spandana Sphoorty Financial has informed that the Management Committee of the Board of Directors of the Company at its meeting held on Friday, October 20, 2023, has considered and approved the issuance of 6,500 (Six thousand and five hundred) Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures having face value of Rs 1,00,000 (Rupees one lakh only) each at par including a green shoe option of up-to 2,500 (Two thousand and five hundred) Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures, aggregating up-to Rs 65,00,00,000 (Rupees sixty-five cores only) on 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 above information is a part of company’s filings submitted to BSE.