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Spandana Sphoorty Financial raises Rs 50 crore through NCDs

28 Mar 2024 Evaluate

Spandana Sphoorty Financial has raised Rs 50 crore through the allotment of 5,000 Secured, Rated, Listed, Redeemable, Transferable Non-Convertible Debentures having face value of Rs 1,00,000 each at par, on private placement basis. The Management Committee of the Board of Directors of the Company vide its resolution dated March 28, 2024, 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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