Quarterly Updates30 Oct 2026, 05:32 pm
Spandana Sphoorty Financial: Monitoring Agency Report for Q2 FY27
AI Summary
Spandana Sphoorty Financial Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CARE Ratings Limited, confirms that the utilization of proceeds from the ₹400 crore rights issue is in line with the objects disclosed in the offer document. During Q2 FY27, the company received ₹194.41 crore from the final call, which remained unutilized in the Escrow Account as of September 30, 2026. No deviation from the stated objects was reported.
Key Highlights
- Monitoring Agency Report submitted for Q2 FY27.
- Utilization of ₹400 crore rights issue proceeds is as per offer document.
- ₹194.41 crore received in Q2 FY27 remained unutilized.
- No deviation from the objects of the issue reported.
Price Impact
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