Spandana Sphoorty Financial Limited allots NCDs for Rs. 25 crores

The Management Committee of the Board of Directors of Spandana Sphoorty Financial Limited vide its resolution dated April 10, 2023, Monday has approved and allotted 2,500 (Two thousand and five hundred) Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures having face value of Rs.1,00,000/- (Rupees one lakh only) each, at par each, on a private placement basis in demat form, for consideration of an aggregate amount of Rs.25,00,00,000/- (Rupees twenty-five crore only) issued through Disclosure Document dated April 10, 2023.

Shares of Spandana Sphoorty Financial Limited was last trading in BSE at Rs. 545.60 as compared to the previous close of Rs. 540.20. The total number of shares traded during the day was 1166 in over 256 trades.

The stock hit an intraday high of Rs. 551.65 and intraday low of 531.10. The net turnover during the day was Rs. 630360.00.

Source : Equity Bulls

Keywords

SpandanaSphoortyFinancial INE572J01011 FundRaising NCDs