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 reports consolidated net loss of Rs 440.19 crore in the December 2024 quarter
 ( Results - Announcements 23-Jan-25   16:54 )
  Spandana Sphoorty Financial schedules board meeting
 ( Corporate News - 08-Aug-24   17:24 )
  Spandana Sphoorty Financial approves NCD issuance of Rs 100 cr
 ( Corporate News - 05-Jul-24   12:26 )
  ICRA revises outlook on credit ratings of Spandana Sphoorty to 'positive'
 ( Hot Pursuit - 17-Jan-24   11:31 )
  Spandana Sphoorty Financial to convene board meeting
 ( Corporate News - 29-Feb-24   12:31 )
  Spandana Sphoorty Financial schedules board meeting
 ( Corporate News - 17-Apr-24   16:04 )
  Spandana Sphoorty Financial to convene board meeting
 ( Corporate News - 10-Jan-24   10:15 )
  Spandana Sphoorty Financial to hold board meeting
 ( Corporate News - 09-Dec-23   10:01 )
  Spandana Sphoorty Financial Ltd leads losers in 'A' group
 ( Hot Pursuit - 29-Jul-24   15:00 )
  Spandana Sphoorty Financial receives upgrade in credit ratings from ICRA
 ( Corporate News - 18-Aug-23   19:15 )
  Spandana Sphoorty allots NCD aggregating Rs 50 cr
 ( Corporate News - 08-Aug-24   17:38 )
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