An unknown buyer is agreed to acquire Stressed loan portfolio including written off loans of Sphoorty Financial for INR 1.3 billion on March 11, 2023. Spandana Sphoorty received a binding bid from an ARC. The transaction is pursuant to the approval of the Management Committee of the Board of Directors of Spandana Sphoorty.
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5-day change | 1st Jan Change | ||
795 INR | +1.75% | -0.69% | -29.57% |
Apr. 30 | Spanda Sphoorty Financial Raises INR501.6 Million Via Bond Sale | MT |
Apr. 30 | Spandana Sphoorty Financial's Consolidated Net Profit Rises in Fiscal Q4 | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-29.57% | 668M | |
-11.09% | 2.7B | |
-8.84% | 1.06B | |
-17.30% | 567M | |
-11.35% | 448M | |
+0.10% | 318M | |
+15.35% | 123M |
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- An unknown buyer is agreed to acquire Stressed loan portfolio including written off loans of Sphoorty Financial for INR 1.3 billion.