SPANDANA SPHOORTY FINANCIAL LIMITED Spandana Sphoorty Financial Limited at its board meeting held on August 30, 2023, approved the issuance of 3,000 Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures having face value of INR 100,000 each aggregating up-to INR 300,000,000 on private placement basis. Tenure of the instrument is 36 months from deemed date of allotment. Date of allotment is September 04, 2023.
Date of maturity is September 04, 2026. Interest rate payment is 10.75% p.a. Trustee to the Issue is Catalyst Trusteeship Limited; and approved the issuance of 20,000 Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures having face value of INR 100,000 each, aggregating up to INR 2,000,000,000 with a green shoe option up-to INR 1,000,000,000 on private placement basis. Tenure of the instrument is 18 months from deemed date of allotment.
Date of allotment is September 07, 2023. Date of maturity is March 07, 2025. Interest rate payment is 10.43% p.a. Trustee to the Issue is Catalyst Trusteeship Limited.
