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Spandana Sphoorty Financial raises Rs 40 crore through NCDs

26 Oct 2023 Evaluate

Spandana Sphoorty Financial has raised Rs 40 crore through the allotment of 4,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each on private placement basis. The Management Committee of the Board of Directors of the Company vide its resolution dated October 26, 2023, approved and allotted the same. 

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.


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