Spandana Sphoorty Financial Allots ₹485 Crore Non-Convertible Debentures on Private Placement
Spandana Sphoorty Financial Limited completed the allotment of 4,85,000 non-convertible debentures worth ₹4,85,00,00,000 on April 28, 2026, through private placement. The Management Committee approved these listed, rated, senior, secured, redeemable debentures with a face value of ₹10,000 each. This fundraising exercise strengthens the company's capital base while ensuring full regulatory compliance under SEBI listing regulations.

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Spandana sphoorty financial Limited has successfully completed a significant fundraising exercise through the allotment of non-convertible debentures on a private placement basis. The company announced the completion of this debt issuance on April 28, 2026, marking an important milestone in its capital mobilization efforts.
Debenture Allotment Details
The Management Committee of the Board of Directors approved the allotment through a resolution dated April 28, 2026. The debenture issuance represents a substantial capital raising initiative for the financial services company.
| Parameter: | Details |
|---|---|
| Number of Debentures: | 4,85,000 |
| Face Value per Debenture: | ₹10,000 |
| Total Issue Size: | ₹4,85,00,00,000 |
| Issue Type: | Private Placement |
| Approval Date: | April 28, 2026 |
Debenture Characteristics
The non-convertible debentures carry several key features that make them attractive to institutional investors. These instruments are structured as listed, rated, senior, secured, and redeemable debentures, providing multiple layers of investor protection and market accessibility.
The debentures are:
- Listed: Providing liquidity through stock exchange trading
- Rated: Offering credit assessment for investor confidence
- Senior: Holding priority in the capital structure
- Secured: Backed by company assets
- Redeemable: With defined maturity and repayment terms
Regulatory Compliance
The allotment was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure follows the company's earlier communication dated April 20, 2026, ensuring full transparency with stock exchanges and investors.
The company has duly informed both BSE Limited and National Stock Exchange of India Limited about this significant corporate action, maintaining compliance with all applicable listing regulations and disclosure requirements.
Historical Stock Returns for Spandana Sphoorty Financial
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.30% | -1.36% | +17.33% | -9.12% | -16.82% | -60.59% |
How will Spandana Sphoorty deploy the ₹4,850 crore raised through this debenture issuance to drive business expansion?
What impact might this significant debt addition have on the company's debt-to-equity ratio and overall financial leverage?
Will this fundraising enable Spandana Sphoorty to expand its microfinance operations into new geographical markets or customer segments?


































