Spandana Sphoorty Financial has informed that the Management Committee of the Board of Directors of the Company at its meeting held on Tuesday, January 16, 2024, has considered and approved the issuance of 10,000 (Ten thousand) Secured, Senior, Redeemable, Transferable, Listed, Rated Non-Convertible Debentures having face value of Rs.1,00,000/- (Rupees one lakh only) each at premium of Rs 986.40 (Rupees nine hundred and eighty-six point four zero only) per debenture for an aggregate amount of Rs 100,98,64,000.00 (Rupees one hundred crore ninety-eight lakh sixty-four thousand 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.