Spandana Sphoorty Share Price

The sales for the September 2022 quarter moved down to Rs. 2810.41 millions as compared to Rs. 3724.51 millions during the year-ago period.The Total Profit for the quarter ended September 2022 of Rs. 495.28 millions grew from Rs.-588.78 millionsOperating profit surged to 1664.94 millions from the corresponding previous quarter of 724.54 millions.

The sales slipped to Rs. 2810.41 millions for the September 2022 quarter as against Rs. 3724.51 millions during the year-ago period.The Total Profit for the quarter ended September 2022 of Rs. 495.28 millions grew from Rs.-588.78 millionsOperating profit surged to 1664.94 millions from the corresponding previous quarter of 724.54 millions.

The sales slipped to Rs. 2810.41 millions for the September 2022 quarter as against Rs. 3724.51 millions during the year-ago period.The Total Profit for the quarter ended September 2022 of Rs. 495.28 millions grew from Rs.-588.78 millionsOperating profit surged to 1664.94 millions from the corresponding previous quarter of 724.54 millions.

The total revenue for the quarter ended December 2022 remained nearly unchanged at Rs. 3401.50 millions.Handsome Net Profit growth of 74.36% reported above the corresponding previous quarter figure of Rs. 692.72 millions to Rs. 397.29 millions.The company reported a good operating profit of 2144.31 millions compared to 1865.11 millions of corresponding previous quarter.

The total revenue for the quarter ended December 2022 remained nearly unchanged at Rs. 3401.50 millions.Net profit for the quarter ended December 2022 increased significantly by 74.36% to Rs. 692.72 millions from Rs. 397.29 millions.Operating Profit saw a handsome growth to 2144.31 millions from 1865.11 millions in the quarter ended December 2022.

The total revenue for the quarter ended December 2022 remained nearly unchanged at Rs. 3401.50 millions.Net profit for the quarter ended December 2022 increased significantly by 74.36% to Rs. 692.72 millions from Rs. 397.29 millions.Operating Profit saw a handsome growth to 2144.31 millions from 1865.11 millions in the quarter ended December 2022.

Date of maturity of said NCDs will be March 09, 2024

Spandana Sphoorty Financial is currently trading at Rs. 603.00, up by 3.15 points or 0.53% from its previous closing of Rs. 599.85 on the BSE.

The scrip opened at Rs. 603.65 and has touched a high and low of Rs. 614.70 and Rs. 596.40 respectively. So far 16966 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 675.55 on 16-Sep-2021 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 625.85 and Rs. 565.05 respectively. The current market cap of the company is Rs. 4255.44 crore.

The promoters holding in the company stood at 63.59%, while Institutions and Non-Institutions held 16.77% and 19.63% respectively.

Spandana Sphoorty Financial has raised Rs 60 crore through Secured, Rated, Listed, Redeemable, Transferable, Principal Protected, Market Linked (PP-MLD) Non- Convertible Debentures (NCDs) and allotted 600 NCDs at par, on a private placement basis. Date of maturity of said NCDs will be March 09, 2024.

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

 Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Spandana Sphoorty Financial has informed that it enclosed the details of analysts/institutional investor(s) meet during Annual Conference hosted by ‘Equirus Securities’.

The above information is a part of company’s filings submitted to BSE.

The Management Committee of the Board of Directors of the Company at its meeting held on September 28, 2022 has inter-alia considered and approved the same

Spandana Sphoorty Financial is currently trading at Rs. 540.95, up by 8.50 points or 1.60% from its previous closing of Rs. 532.45 on the BSE.

The scrip opened at Rs. 559.00 and has touched a high and low of Rs. 559.00 and Rs. 530.00 respectively. So far 324 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 597.40 and Rs. 518.10 respectively. The current market cap of the company is Rs. 3769.60 crore.

The promoters holding in the company stood at 63.59%, while Institutions and Non-Institutions held 16.77% and 19.63% respectively.

Spandana Sphoorty Financial has received approval to raise upto Rs 25 crore through issuance of Unlisted, Secured, Rated, Non-Convertible Debentures (NCDs) on a private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on September 28, 2022 has inter-alia considered and approved the same.

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

Total consolidated income of the company decreased by 21.72% at Rs 310.15 crore for Q2FY23

Spandana Sphoorty Financial is scrip is currently trading at Rs. 608.00, up by 1.10 points or 0.18% from its previous closing of Rs. 606.90 on the BSE.

The scrip opened at Rs. 612.00 and has touched a high and low of Rs. 620.00 and Rs. 581.25 respectively. So far 5775 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs 620.00 and Rs. 549.00 respectively. The current market cap of the company is Rs. 4336.71 crore.

The promoters holding in the company stood at 63.59%, while Institutions and Non-Institutions held 16.77% and 19.63% respectively.
  
Spandana Sphoorty Financial has reported results for second quarter ended September 30, 2022.

The company has reported net profit at Rs 49.53 crore for the quarter under review as compared to net loss of Rs 58.88 crore for the same quarter in the previous year. However, total income of the company decreased by 21.33% at Rs 293.11 crore for Q2FY23 as compared Rs 372.59 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 55.15 crore for the quarter under review as compared to net loss of Rs 57.94 crore for the same quarter in the previous year. However, total income of the company decreased by 21.72% at Rs 310.15 crore for Q2FY23 as compared Rs 396.19 crore for the corresponding quarter previous year.

SSFL had approached Sebi to settle the alleged violations 'without admitting or denying the findings' through a settlement order

Spandana Sphoorty Financial is currently trading at Rs. 599.50, up by 6.05 points or 1.02% from its previous closing of Rs. 593.45 on the BSE.

The scrip opened at Rs. 599.50 and has touched a high and low of Rs. 600.55 and Rs. 599.50 respectively. So far 74 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 619.80 and Rs. 585.00 respectively. The current market cap of the company is Rs. 4255.45 crore.

The promoters holding in the company stood at 63.59%, while Institutions and Non-Institutions held 16.77% and 19.63% respectively.

Spandana Sphoorty Financial (SSFL) has settled with markets regulator Sebi a case pertaining to alleged non-compliance with the regulatory norms after paying Rs 25 lakh as a settlement amount. SSFL had approached Sebi to settle the alleged violations 'without admitting or denying the findings' through a settlement order.

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

The Management Committee of the Board of Directors of the company at its meeting held on December 2, 2022 has approved the same

Spandana Sphoorty Financial is currently trading at Rs. 562.00, up by 12.00 points or 2.18% from its previous closing of Rs. 550.00 on the BSE.

The scrip opened at Rs. 556.00 and has touched a high and low of Rs. 568.60 and Rs. 552.50 respectively. So far 1175 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 577.90 and Rs. 537.45 respectively. The current market cap of the company is Rs. 3989.26 crore.

The promoters holding in the company stood at 63.03%, while Institutions and Non-Institutions held 21.54% and 15.43% respectively.

Spandana Sphoorty Financial has received approval to raise up to Rs 100 crore by issuing 500 Senior, Secured, Rated, Listed, Redeemable, NonConvertible Debentures having face value of Rs 10 lakh each aggregating upto Rs 50 crore with a green shoe option of up-to 500 in the form of Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of face value of Rs 10 lakh each on private placement basis. The Management Committee of the Board of Directors of the company at its meeting held on December 2, 2022 has approved the same.

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

Management Committee of the Board of Directors of the Company vide its resolution dated December 08, 2022, has allotted the same

Spandana Sphoorty Financial is currently trading at Rs. 608.00, up by 21.80 points or 3.72% from its previous closing of Rs. 586.20 on the BSE.

The scrip opened at Rs. 575.50 and has touched a high and low of Rs. 613.40 and Rs. 575.50 respectively. So far 1630 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 613.40 and Rs. 552.50 respectively. The current market cap of the company is Rs. 4323.95 crore.

The promoters holding in the company stood at 63.03%, while Institutions and Non-Institutions held 21.54% and 15.43% respectively.

Spandana Sphoorty Financial has raised Rs 100 crore through the allotment of 1,000 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, on a private placement basis in demat form. Management Committee of the Board of Directors of the Company vide its resolution dated December 08, 2022, has approved and allotted the same.

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

In furtherance to its letter no.: SSFL/Stock Exchange/2022-23/122 dated December 11, 2022 and pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’), Spandana Sphoorty Financial has informed that the meeting of the Management Committee of the Board of Directors of the Company scheduled to be held on Wednesday, December 14, 2022, to consider and approve, the issue and offer of Non-Convertible Debentures on a private placement basis stands cancelled. Revised schedule of the meeting for the above stated purpose shall be communicated separately.

The above information is a part of company’s filings submitted to BSE.

The company has allotted 2,000 Secured, Senior, Redeemable, Transferable, Listed, Principle-Protected Market Linked Non-Convertible Debentures

Spandana Sphoorty Financial is currently trading at Rs. 619.90, up by 8.20 points or 1.34% from its previous closing of Rs. 611.70 on the BSE.

The scrip opened at Rs. 619.35 and has touched a high and low of Rs. 623.00 and Rs. 615.85 respectively. So far 694 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 642.00 and Rs. 604.00 respectively. The current market cap of the company is Rs. 4411.26 crore.

The promoters holding in the company stood at 63.03%, while Institutions and Non-Institutions held 21.54% and 15.43% respectively.

Spandana Sphoorty Financial has raised Rs 202.22 crore through allotment of 2,000 Secured, Senior, Redeemable, Transferable, Listed, Principle-Protected Market Linked Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at a premium of Rs 11,143 each, on a private placement basis in demat form.

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

Management Committee of the Board of Directors of the Company at its meeting held on December 28, 2022 has approved the same

Spandana Sphoorty Financial is currently trading at Rs. 553.35, up by 5.65 points or 1.03% from its previous closing of Rs. 547.70 on the BSE.

The scrip opened at Rs. 560.40 and has touched a high and low of Rs. 575.05 and Rs. 549.65 respectively. So far 3732 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 574.75 and Rs. 502.05 respectively. The current market cap of the company is Rs. 3918.63 crore.

The promoters holding in the company stood at 63.03%, while Institutions and Non-Institutions held 21.54% and 15.43% respectively.
 
Spandana Sphoorty Financial has received approval to transfer stressed loan portfolio including written off loans of Rs 323.08 crore outstanding as on September 30, 2022 to an Asset Reconstruction Company pursuant to Swiss Challenge Method for a consideration of Rs 95 crore. Management Committee of the Board of Directors of the Company at its meeting held on December 28, 2022 has approved the same.

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

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and its letter No.: Ref: SSFL/Stock Exchange/2022-23/137 dated January 24, 2023 regarding announcement of Investors/ Analyst conference call on the unaudited consolidated and standalone financial results of the Company for the quarter ended December 31, 2022, Spandana Sphoorty Financial has informed that the audio recording of the said call has been uploaded on the Company’s website. This can be accessed via the link. https://spandanasphoorty.com/financials/. The transcript for the said call will be submitted to the stock exchanges and will also be uploaded on the Company’s website: www.spandanasphoorty.com in due course.

The above information is a part of company’s filings submitted to BSE.

Total consolidated income of the company increased by 7.18% to Rs 375.01 crore for Q3FY23

Spandana Sphoorty Financial is currently trading at Rs. 571.45, up by 0.30 points or 0.05% from its previous closing of Rs. 571.15 on the BSE.

The scrip opened at Rs. 588.55 and has touched a high and low of Rs. 599.70 and Rs. 554.45 respectively. So far 14774 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 599.70 and Rs. 512.10 respectively. The current market cap of the company is Rs. 4059.53 crore.

The promoters holding in the company stood at 63.01%, while Institutions and Non-Institutions held 28.49% and 8.50% respectively.

Spandana Sphoorty Financial has reported results for third quarter ended December 31, 2022.

The company has reported 74.36% rise in its net profit at Rs 69.27 crore for Q3FY23 as compared to Rs 39.73 crore for the corresponding quarter previous year. Total income of the company increased by 7.49% to Rs 355.43 crore for the quarter under review as compared to Rs 330.67 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported 58.54% rise in its net profit at Rs 71.37 crore for Q3FY23 as compared to Rs 45.01 crore for the same quarter in the previous year. Total income of the company increased by 7.18% to Rs 375.01 crore for the quarter under review as compared to Rs 349.87 crore for the same quarter in the previous year.

In furtherance to its letter No. SSFL/Stock Exchange/2022-23/155 dated March 07, 2023 and pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Spandana Sphoorty Financial has that the Management Committee of the Board of Directors of the Company at its meeting held on Friday, March 10, 2023 has considered and approved the issuance of Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures up to Rs 125,00,00,000 on a private placement basis. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/ CFD /CMD/4/2015 dated September 09, 2015, are enclosed. The meeting commenced at 10:00 am and concluded at 10:45 am.

The above information is a part of company’s filings submitted to BSE.

The Management Committee of the Board of Directors of the Company at its meeting held on March 10, 2023, has considered and approved the issuance of the same

Spandana Sphoorty Financial is currently trading at Rs. 564.90, up by 5.45 points or 0.97% from its previous closing of Rs. 559.45 on the BSE.

The scrip opened at Rs. 557.85 and has touched a high and low of Rs. 566.20 and Rs. 556.15 respectively. So far 725 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 19-Sep-2022 and a 52 week low of Rs. 288.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 592.70 and Rs. 556.15 respectively. The current market cap of the company is Rs. 3968.67 crore.

The promoters holding in the company stood at 63.01%, while Institutions and Non-Institutions held 28.49% and 8.50% respectively.

Spandana Sphoorty Financial has received an approval for issue of Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures up to Rs 125 crore on a private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on March 10, 2023, has considered and approved the issuance of the same.

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

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Spandana Sphoorty Financial has informed that it enclosed the details of analysts/institutional investor(s) meet held during ‘Incred Equities Conference’ hosted by ‘Incred Financial Services’ on March 15, 2023.

The above information is a part of company’s filings submitted to BSE.

Pursuant to the provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended and the Company's Code of Conduct for Prohibition of Insider Trading and Internal Procedures, Spandana Sphoorty Financial has informed that the Trading Window for dealing in securities of the Company shall remain closed for all the Designated Persons including their immediate relatives from the opening of business hours of stock exchanges on March 31, 2023 till the expiry of 48 hours post announcement of the audited financial results (standalone and consolidated) of the Company for the quarter and year ended March 31, 2023. The date of the board meeting for approval of audited financial results for the quarter and year ended March 31, 2023 shall be informed in due course of time. Accordingly, all Designated Persons including their immediate relatives of the Company are informed not to trade in the securities of the Company during the aforesaid period of closure of trading window.

The above information is a part of company’s filings submitted to BSE.

Inter alia, to consider and approve Fund Raising by way of Issue of Debentures on Private Placement Basis

Quarterly Results

Quarterly Results

Inter alia, to consider and approve Fund raising by way of Non- Convertible Debentures on a private placement basis.

Inter alia, to consider and approve Fund raising by way of Non- Convertible Debentures.

Inter alia, to consider and approve Fund raising by way of Non- Convertible Debentures.

Inter alia, to consider and approve Fund raising by way of Non- Convertible Debentures

Quarterly Results & Audited Results Inter alia, to consider Issuance of Non-Convertible Debentures, in a year, on a private placement basis in one or more tranches/issuances/series, in terms of applicable provisions of the Companies Act, 2013 and other applicable laws

Inter alia, to consider and approve the issue and offer of Non- Convertible Debentures on a private placement basis.

Inter alia, to consider and approve the issue and offer of Non- Convertible Debentures on a private placement basis.

Inter alia, to consider and approve Fund raising

Inter-alia to consider and approve, the issue and offer of NonConvertible Debentures on a private placement basis

Spandana Sphoorty Financial Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2022 ,inter alia, to consider and approve The Board of Directors of Spandana Sphoorty Financial Limited (the 'Company') at its meeting scheduled to be held on Monday, February 14, 2022, inter-alia, will consider the following proposals: 1. To consider and approve issuance of further equity shares of the Company by way of preferential issue in accordance with the provisions of Companies Act, 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and such other acts, rules and regulations as may be applicable, subject to approval of the shareholders of the Company, any regulatory/statutory approvals, if any, as applicable. 2. To consider and approve the issuance of a postal ballot notice pursuant to Section 110 of the Companies Act, 2013, seeking approval of Members of the Company for the abovementioned matter.

Inter-alia, to consider the proposal to raise funds by way of further issue of securities through public and/or private offerings including qualified institutions placement or other permissible mode under the applicable laws and/ or any combination thereof, in one or more tranches, subject to approval of the shareholders, regulatory and/ or statutory authorities, as applicable.

The Management Committee of the Board of Directors of the company at its meeting held on September 07, 2022 has approved the same

Spandana Sphoorty Financial has received approval to raise up to Rs 40 crore by issuing 400 Secured, Senior, Redeemable, Transferable, Listed, Principal Protected, Market Linked, Rated, Non-Convertible Debentures (NCD’s) of face value of Rs 10 lakh each on a private placement basis with a green shoe option up to Rs 20 crore in the form of Secured, Senior, Redeemable, Transferable, Listed, Principal Protected, Market Linked, Rated, Non-Convertible Debentures of face value of Rs 10 lakh each on private placement basis. The Management Committee of the Board of Directors of the company at its meeting held on September 07, 2022 has approved the same.

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

The Management Committee of the Board of Directors of the Company at its meeting held on September 28, 2022 has inter-alia considered and approved the same

Spandana Sphoorty Financial has received approval to raise upto Rs 25 crore through issuance of Unlisted, Secured, Rated, Non-Convertible Debentures (NCDs) on a private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on September 28, 2022 has inter-alia considered and approved the same.

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

The Management Committee of the Board of Directors of the Company at its meeting held on October 14, 2022 has inter-alia considered and approved the same

Spandana Sphoorty Financial has received approval to raise Rs 60 crore through issuance of Secured, Rated, Listed, Non-Convertible Debentures (NCDs) on a private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on October 14, 2022 has inter-alia considered and approved the same.

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

Total consolidated income of the company decreased by 21.72% at Rs 310.15 crore for Q2FY23

Spandana Sphoorty Financial has reported results for second quarter ended September 30, 2022.

The company has reported net profit at Rs 49.53 crore for the quarter under review as compared to net loss of Rs 58.88 crore for the same quarter in the previous year. However, total income of the company decreased by 21.33% at Rs 293.11 crore for Q2FY23 as compared Rs 372.59 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 55.15 crore for the quarter under review as compared to net loss of Rs 57.94 crore for the same quarter in the previous year. However, total income of the company decreased by 21.72% at Rs 310.15 crore for Q2FY23 as compared Rs 396.19 crore for the corresponding quarter previous year.

Management Committee of the Board of Directors of the Company vide its resolution dated October 20, 2022, has approved and allotted the same

Spandana Sphoorty Financial has raised Rs 60 crore through the allotment of Secured, Rated, Listed, Redeemable, Transferable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, on a private placement basis in demat form. Management Committee of the Board of Directors of the Company vide its resolution dated October 20, 2022, has approved and allotted the same.

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

SSFL had approached Sebi to settle the alleged violations 'without admitting or denying the findings' through a settlement order

Spandana Sphoorty Financial (SSFL) has settled with markets regulator Sebi a case pertaining to alleged non-compliance with the regulatory norms after paying Rs 25 lakh as a settlement amount. SSFL had approached Sebi to settle the alleged violations 'without admitting or denying the findings' through a settlement order.

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

Management Committee of the Board of Directors of the Company vide its resolution dated November 09, 2022, has approved and allotted the same

Spandana Sphoorty Financial has raised Rs 50 crore through the allotment of 500 Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, in two series on a private placement basis in demat form. Management Committee of the Board of Directors of the Company vide its resolution dated November 09, 2022, has approved and allotted  the same.

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

The Management Committee of Board of Directors of the Company at its meeting held on November 22, 2022 has approved and allotted the same

Spandana Sphoorty Financial has raised Rs 200 crore through allotment of 2000 Secured, Senior, Redeemable, Transferable, Listed, Principal Protected, Market Linked, Rated Non-Convertible Debentures (NCDs) having face value of Rs. 10 lakh each, at par, on a private placement basis. The Management Committee of Board of Directors of the Company at its meeting held on November 22, 2022 has approved and allotted the same.

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

The Management Committee of the Board of Directors of the company at its meeting held on December 2, 2022 has approved the same

Spandana Sphoorty Financial has received approval to raise up to Rs 100 crore by issuing 500 Senior, Secured, Rated, Listed, Redeemable, NonConvertible Debentures having face value of Rs 10 lakh each aggregating upto Rs 50 crore with a green shoe option of up-to 500 in the form of Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of face value of Rs 10 lakh each on private placement basis. The Management Committee of the Board of Directors of the company at its meeting held on December 2, 2022 has approved the same.

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

Management Committee of the Board of Directors of the Company vide its resolution dated December 08, 2022, has allotted the same

Spandana Sphoorty Financial has raised Rs 100 crore through the allotment of 1,000 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, on a private placement basis in demat form. Management Committee of the Board of Directors of the Company vide its resolution dated December 08, 2022, has approved and allotted the same.

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

The management committee of the Board of Directors of the Company at its meeting held on December 15, 2022 has approved and allotted the same

Spandana Sphoorty Financial has raised Rs 50 crore through allotment of 500 Rated, Listed, Unsubordinated, Secured, Transferable, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, on a private placement basis. The management committee of the Board of Directors of the Company at its meeting held on December 15, 2022 has approved and allotted the same.

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

The company has allotted 2,000 Secured, Senior, Redeemable, Transferable, Listed, Principle-Protected Market Linked Non-Convertible Debentures

Spandana Sphoorty Financial has raised Rs 202.22 crore through allotment of 2,000 Secured, Senior, Redeemable, Transferable, Listed, Principle-Protected Market Linked Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at a premium of Rs 11,143 each, on a private placement basis in demat form.

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

The Management Committee of the Board of Directors of the Company at its meeting held on December 21, 2022, has considered the same

Spandana Sphoorty Financial has received an approval for issue of non-convertible debentures having face value of Rs 10 lakh each aggregating up to Rs 300 crore in three rounds. Under each round, the company will issue 1,000 senior, secured, rated, listed, redeemable, non-convertible debentures having face value of Rs 10 lakh each aggregating up to Rs 100 crore.

The tenure of the first tranche will be 14 months from the Deemed date of allotment. The tenure of the second tranche will be 28 months from the Deemed date of allotment. The next round of NCDs will have a tenure of 36 Months from the deemed date of allotment.

The Management Committee of the Board of Directors of the Company at its meeting held on December 21, 2022, has considered and approved the issuance of the same.

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

The Management Committee of the Board of Directors of the Company vide its resolution dated December 22, 2022, has approved and allotted the same

Spandana Sphoorty Financial has raised Rs 65 crore through allotment of 650 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each, at par, on a private placement basis in demat form. The Management Committee of the Board of Directors of the Company vide its resolution dated December 22, 2022, has approved and allotted the same.

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

Management Committee of the Board of Directors of the Company at its meeting held on December 28, 2022 has approved the same

Spandana Sphoorty Financial has received approval to transfer stressed loan portfolio including written off loans of Rs 323.08 crore outstanding as on September 30, 2022 to an Asset Reconstruction Company pursuant to Swiss Challenge Method for a consideration of Rs 95 crore. Management Committee of the Board of Directors of the Company at its meeting held on December 28, 2022 has approved the same.

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

Total consolidated income of the company increased by 7.18% to Rs 375.01 crore for Q3FY23

Spandana Sphoorty Financial has reported results for third quarter ended December 31, 2022.

The company has reported 74.36% rise in its net profit at Rs 69.27 crore for Q3FY23 as compared to Rs 39.73 crore for the corresponding quarter previous year. Total income of the company increased by 7.49% to Rs 355.43 crore for the quarter under review as compared to Rs 330.67 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported 58.54% rise in its net profit at Rs 71.37 crore for Q3FY23 as compared to Rs 45.01 crore for the same quarter in the previous year. Total income of the company increased by 7.18% to Rs 375.01 crore for the quarter under review as compared to Rs 349.87 crore for the same quarter in the previous year.

The Management Committee of the Board of Directors of the Company at its meeting held on March 10, 2023, has considered and approved the issuance of the same

Spandana Sphoorty Financial has received an approval for issue of Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures up to Rs 125 crore on a private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on March 10, 2023, has considered and approved the issuance of the same.

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