Spandana Sphoorty Financial Limited informed that the Management Committee of the Board of Directors of the Company at its meeting held on April 20, 2026, inter-alia considered and approved the issuance of up to 500,000 Listed, Rated, Senior, Secured, Redeemable, Taxable, Non-Convertible Debentures having face value of INR 10,000 per debenture, including a green shoe option of 200,000 NCDs on private placement basis. The particulars/details of the issuance of NCDs are set out below as Annexure-A. Type of securities proposed to be issued: Listed, Rated, Senior, Secured, Redeemable, Taxable, Non-Convertible Debentures. Type of issuance: Private placement.
Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately): Up to 500,000 NCDs (including green shoe option of 200,000 NCDs). Size of the issue: INR 5,000 million including green shoe option of INR 2,000 million. Whether proposed to be listed?
If yes, name of the stock exchange(s): Yes, to be listed on BSE Limited. Tenure of the instrument - date of allotment and date of maturity: Tenure of the Instrument ? 729 days from the deemed date of allotment.
Date of allotment ? April 28, 2026. Date of Maturity ?
April 26, 2028. Coupon/interest offered: 11.25% p.a. payable monthly. Schedule of payment of coupon/interest and principal: Interest Payment: Payable monthly on the 26th of each month, first payment date being May 26, 2026, and continuing until April 26, 2028.
Principal Payment: Payable half yearly on the 26th of respective month, first payment date being October 26, 2026, and continuing until April 26, 2028. Charge/security, if any, created over the assets: Secured. Details of redemption of debentures: Redeemable at par.
