Spandana Sphoorty Financial Limited — Others, 21-05-2025: Security Cover Certificate

Spandana Sphoorty Financial Limited’s debenture trustee has confirmed a security cover ratio of 1.11 times for its secured debt securities, showing a slight decline from the previous quarter's 1.12 times. The company has several private placement secured debt issues with total sanctioned amounts up to ₹325 Cr. This stable security cover demonstrates the company’s solid asset backing for its borrowings, reinforcing confidence in its ability to meet debt obligations and supporting investor trust.