StockWatch
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Microfinance Institutions
Rights Issue21 Aug 2026, 05:41 pm

Spandana Sphoorty Calls ₹115 Final Payment on Rights Shares

AI Summary

Spandana Sphoorty Financial Ltd has issued a First and Final Call Notice for partly paid-up equity shares allotted on a rights basis. The company is calling for a payment of ₹115.00 per share (₹5 face value, ₹110 premium). This payment is due between September 9, 2026, and September 23, 2026. The record date for determining eligible shareholders is August 19, 2026. Trading in the partly paid-up shares (ISIN: IN9572J01019) will be suspended from August 19, 2026. Fully paid-up shares will be allotted upon completion of payment and regulatory formalities.

Key Highlights

  • Final call of ₹115 per partly paid-up share announced.
  • Payment period: September 9 to September 23, 2026.
  • Record date for liability is August 19, 2026.
  • Trading in partly paid shares suspended from August 19, 2026.
  • Fully paid shares to be allotted post-payment and formalities.