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Spandana Sphoorty Financial raises Rs 55 crore through NCDs

10 Jul 2024 Evaluate

Spandana Sphoorty Financial has raised Rs 55 crore through allotment of 5,500 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 July 10, 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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