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Spandana Sphoorty Financial raises Rs 250 crore through NCDs

24 Oct 2025 Evaluate

Spandana Sphoorty Financial has raised Rs 250 crore through allotment of 25,000 Secured, Senior, Redeemable, Listed, Rated Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 per debenture, on private placement basis. 

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India. It offers income generation loans under the joint liability group model, predominantly to women from low-income households in Rural Areas.

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