StockWatch
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Microfinance Institutions
Corporate Action6 Aug 2026, 02:50 pm

Spandana Sphoorty sets Aug 19, 2026 record date for partly paid shares

AI Summary

Spandana Sphoorty Financial Ltd announced that its Board of Directors, in a meeting held on August 5, 2026, approved making the first and final call of ₹115.00 per share on outstanding partly paid-up equity shares. This call comprises ₹5.00 towards face value and ₹110.00 towards premium. The record date for determining the holders of these partly paid-up equity shares (ISIN IN9572J01019) to whom the call notice would be sent has been fixed as Wednesday, August 19, 2026. The Board meeting commenced at 4:00 p.m. and concluded at 4:15 p.m.

Key Highlights

  • Board approved first and final call on partly paid-up equity shares.
  • Call amount is ₹115.00 per share (₹5 face value, ₹110 premium).
  • Record date set for August 19, 2026.
  • Record date determines holders for call notice.
  • Shares issued on a rights basis via Letter of Offer dated July 18, 2025.