Spandana Sphoorty Financial has raised Rs 75 crore through the allotment of 7,500 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 June 28, 2024, approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.