Spandana Sphoorty Financial has raised Rs 50 crore through the allotment of 5,000 Unsubordinated, Listed, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 on private placement basis. The Management Committee of the Board of Directors of the Company vide its resolution dated September 05, 2024, approved and allotted the same.
Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.