Spandana Sphoorty Financial Ltd announced the exchanges regarding the allotment of non-convertible debentures on a private placement basis (PPB).

• DCM Shriram Approves Rs 217 Cr Project; Stock Drops 1.5%
• Kalpataru Bags Rs 1,400 Crore Project; Stock Jumps 9%
• Stocks Under F&O Ban: Sammaan Capital, and Others 
• Overnight Stock Market Movements: Key Developments 
• India’s Retail Inflation Climbs to 3.21% in February

The Management Committee of BOD has approved and allotted 1,000 Senior, Rated, Secured, Listed, Non-Convertible Debentures, Redeemable having face value of Rs 10 lakh each at par, on PPB in Demat form, for consideration of an aggregate amount of Rs 100 crore issued through Disclosure Document dated December 7, 2022.

On December 9, Spandana Sphoorty Financial Ltd traded at Rs 591.05 per share, up by Rs 4.85 or 0.83% from its previous closing of Rs 586.20 per share on the Bombay Stock Exchange (BSE).