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Spandana Sphoorty launches ₹400 crore rights issue

July 18, 2025 at 12:40 PM UTCBy FilingReader AI

Spandana Sphoorty Financial Limited's board approved a rights issue to raise up to ₹400 crore at ₹230 per share.

Shareholders will receive 10 rights shares for every 41 held as of July 24, 2025. The issue opens August 1 and closes August 11, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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