Spandana Sphoorty allots ₹250 crore in private placement debentures
Spandana Sphoorty Financial Limited announced the allotment of 25,000 Secured, Senior, Redeemable, Listed, Rated Non-Convertible Debentures (NCDs) on a private placement basis. This follows a resolution by its management committee on October 24, 2025.
The transaction, disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, aggregates to a total of ₹250,00,00,000. Each NCD carries a face value of ₹1,00,000, contributing to the substantial capital raise of ₹250 crore.
This strategic move aims to bolster the company's financial position, as detailed in their communication to both BSE Limited and the National Stock Exchange of India Limited. The announcement referenced a preceding company letter, SSFL/Stock Exchange/2025-26/080, dated October 13, 2025. Vinay Prakash Tripathi, company secretary, signed the official communication, ensuring compliance and transparency in the company's financial operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Spandana Sphoorty Financial publishes news
Free account required • Unsubscribe anytime