Spandana Sphoorty Financial raises Rs 100 crore through NCDs

25 Nov 2020 Evaluate

Spandana Sphoorty Financial has raised Rs 100 crore through NCDs and allotted 10,000 Secured, Rated, Listed, Redeemable, Transferable, Taxable, Principal Protected Market Linked Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each, at par, on a private placement basis to IIFL Income Opportunities Fund Series 2, in demat form. The Management Committee of the Board of Directors of the company at its meeting held on November 24, 2020 has approved and allotted the same.

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.

Spandana Sphoorty Share Price

419.20 10.00 (2.44%)
01-Nov-2024 18:59 View Price Chart
Peers
Company Name CMP
Bajaj Finance 6923.80
Shriram Finance 3151.40
Aditya Birla Capital 206.20
SBI Cards AndPayment 694.05
Mah & Mah Finl. Serv 273.35
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