Spandana Sphoorty Financial has raised Rs 100.98 crore through the allotment of 10,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each, at a premium of Rs 986.40 per debenture, on a private placement basis. The Management Committee of the Board of Directors of the Company vide its resolution dated January 19, 2024, has approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.
