Spandana Sphoorty allots ₹485 Cr NCDs via private placement

Spandana Sphoorty Financial Ltd has approved and allotted 4,85,000 Listed, Rated, Senior, Secured, Redeemable, Non-Convertible Debentures (NCDs). Each debenture has a face value of ₹10,000, aggregating to a total of ₹4,85,00,00,000 (₹485 crore). This allotment was executed on a private placement basis, following a resolution by the Management Committee of the Board of Directors on April 28, 2026. This capital raise is intended to support the company's financial requirements and growth plans.