Spandana Sphoorty to host investor conference on September 28, 2026

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Spandana Sphoorty Financial Limited will attend the Arihant Capital Conference on September 28, 2026
  • The interaction is scheduled for 10:00 am in a virtual format
  • Discussions will be limited to publicly available information per SEBI regulations
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Spandana Sphoorty Financial Limited will participate in an investor conference hosted by Arihant Capital on Monday, September 28, 2026. The company officials will engage in a virtual group interaction starting at 10:00 am.

The disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the discussion will be based strictly on publicly available information.

Conference details

The event is scheduled as follows:

Date Time Organiser Format Interaction Type
September 28, 2026 10:00 am onwards Arihant Capital Conference Virtual Group

The company noted that the schedule may undergo changes due to exigencies on the part of participants or the company itself. This information is also available on the company's official website.

Historical Stock Returns for Spandana Sphoorty Financial

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%+2.30%-3.78%+11.71%-12.05%-58.60%

How might the insights shared at the Arihant Capital conference influence Spandana Sphoorty's institutional investor sentiment in the coming quarter?

What specific microfinance sector trends or regulatory updates are analysts expecting Spandana Sphoorty to address during the virtual interaction?

Will the company provide any forward-looking guidance on loan book growth or asset quality metrics during the September 2026 conference?

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Spandana Sphoorty sets August 19 record date for ₹115 per share final call

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Record date fixed as August 19, 2026, for first and final call payment
  • Call amount is ₹115 per share, payable between September 9 and 23, 2026
  • Trading in partly paid-up shares suspended pending conversion to fully paid-up status
  • Non-payment attracts 10% annual interest and potential share forfeiture
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Spandana Sphoorty Financial has fixed August 19, 2026, as the record date for determining shareholders liable to pay the first and final call on partly paid-up equity shares issued via a rights issue.

The NBFC’s board approved the move in a meeting held on August 5, 2026. The company is seeking ₹115 per share to fully pay up the rights equity shares allotted earlier this year.

Call Details and Timeline

The first and final call amount comprises ₹5 towards face value and ₹110 towards premium. Eligible shareholders must make payments between September 9, 2026, and September 23, 2026.

Parameter Detail
Record Date August 19, 2026
Call Amount ₹115 per share
Payment Window September 9–23, 2026
Issue Ratio 10 rights shares for every 41 held

Trading in the partly paid-up equity shares has been suspended on stock exchanges effective August 19, 2026. Upon successful payment, these shares will be converted into fully paid-up equity shares under the existing ISIN within two weeks of the payment deadline.

Payment Mechanisms

Shareholders can discharge the liability through three primary channels:

  • Online ASBA via Self-Certified Syndicate Banks (SCSBs)
  • Physical ASBA by submitting forms at designated SCSB branches
  • Online trading-demat-bank accounts (3-in-1 facility) where available

Cash payments are not accepted. The company will reject third-party bank account transactions and part payments unless the board exercises discretion to convert a proportionate number of shares based on the amount paid.

Consequences of Non-Payment

Failure to pay the call money by September 23, 2026, carries significant penalties:

  • Interest at 10% per annum will accrue on delayed payments until settlement.
  • The company may apply future dividends toward outstanding call amounts and interest.
  • Unpaid partly paid-up equity shares, including the application money already paid, are liable for forfeiture in accordance with the Articles of Association.

What the Numbers Show

The rights issue was executed at an issue price of ₹230 per share. Shareholders initially paid ₹115 as application money when the shares were allotted on August 12, 2025. This final call of ₹115 completes the capital infusion for the 17,334,362 rights equity shares issued in the ratio of 10:41. The structure ensures that existing shareholders retain their proportional ownership while providing the company with additional equity capital without dilution from new external investors.

Historical Stock Returns for Spandana Sphoorty Financial

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%+2.30%-3.78%+11.71%-12.05%-58.60%

How will the additional equity capital from this rights issue impact Spandana Sphoorty Financial's capital adequacy ratio and lending capacity in the coming fiscal year?

What is the expected timeline for the conversion of partly paid-up shares into fully paid-up equity, and how might this affect short-term liquidity for retail investors?

Given the 10% interest penalty on delayed payments, what proportion of shareholders is likely to face forfeiture, and how will this impact the company's final realized capital?

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1 Year Returns:-12.05%