Spandana Sphoorty Financial allots NCDs aggregating Rs 63.60 crore

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Capital Market
Last Updated : Dec 16 2020 | 6:50 PM IST
Spandana Sphoorty Financial has allotted 6360 (Six Thousand Three Hundred and Sixty) 10 Year, Senior, Rated, Secured, Redeemable, Listed, Principle Protected Market Linked (G-Sec), Non-Convertible Debentures (Tranche 4 Debentures) of face value of Rs.1,00,000/- (Rupees One Lakh only) each, at par, on a private placement basis to Incred Capital Inclusion Advisory Services Private Limited and Incred Financial Services Limited (the Allottees), in demat form, in consideration of an aggregate amount of Rs.63.60 crore.

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First Published: Dec 16 2020 | 6:33 PM IST

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