Spandana Sphoorty Financial raises Rs 485 crore through NCDs
The Management Committee of the Board of Directors vide its resolution dated April 28, 2026, approved and allotted of the same
Spandana Sphoorty Financial has raised Rs 485 crore through allotment of 4,85,000 Listed, Rated, Senior, Secured, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 10,000 per debenture, on private placement basis. The Management Committee of the Board of Directors of the Company vide its resolution dated April 28, 2026, approved and allotted of the same.
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.
