Hot Pursuit     21-Sep-23
Spandana Sphoorty board to mull NCD issue on Sept 25
The microfinance lender announced that its board will meet on Monday, 25 September 2023 to consider raising of funds through issuance of non-convertible debentures (NCDs), on a private placement basis.

The announcement was made after market hours yesterday.

Spandana Sphoorty Financial is a rural-focused non-banking financial company and a microfinance lender (NBFC-MFI) with a geographically diversified presence in India.

The company reported consolidated net profit of Rs 119.45 crore in Q1 FY24 as against net loss of Rs 219.77 crore in Q1 FY23. Total income jumped 103.7% YoY to Rs 527.29 crore in the quarter ended 30 June 2023.

Shares of Spandana Sphoorty Financial slipped 2.03% to Rs 764.15 on the BSE.

Previous News
  Spandana Sphoorty Financial to conduct board meeting
 ( Corporate News - 26-Jul-24   09:42 )
  Spandana Sphoorty Financial to declare Quarterly Result
 ( Corporate News - 23-Jul-24   12:05 )
  Spandana Sphoorty Financial to convene AGM
 ( Corporate News - 10-Jul-24   09:29 )
  Spandana Sphoorty Financial approves NCD issuance of Rs 100 cr
 ( Corporate News - 05-Jul-24   12:26 )
  Spandana Sphoorty Financial to table results
 ( Corporate News - 04-Jul-24   10:15 )
  Spandana Sphoorty Financial allots NCDs aggregating Rs 75 cr
 ( Corporate News - 28-Jun-24   19:02 )
  Spandana Sphoorty Financial to declare Quarterly Result
 ( Corporate News - 18-Jun-24   10:43 )
  Spandana Sphoorty Financial
 ( Analyst Meet / AGM - Conference Call 23-May-24   13:14 )
  Barometers trade with modest gains; PSU Bank shares advance
 ( Market Commentary - Mid-Session 30-Apr-24   14:33 )
  Spandana Sphoorty records 22% YoY growth in Q4 PAT; AUM at Rs 11,973 crore
 ( Hot Pursuit - 30-Apr-24   13:45 )
  Board of Spandana Sphoorty Financial approves raising Rs 4000 cr via NCDs
 ( Corporate News - 29-Apr-24   19:25 )
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