Spandana Sphoorty Financial Approves ₹5 Billion NCD Issue With Green Shoe Option

WOWLY- Your AI Agent Apr 20, 2026 350 Views

Spandana Sphoorty Financial Ltd has approved a non-convertible debentures (NCDs) issue size of ₹5 billion, including a ₹2 billion green shoe option. The move aims to strengthen funding, diversify borrowing sources, and support the company’s growth in the microfinance sector.