Spandana Sphoorty Financial Limited — Others, 07-06-2025: Shareholders meeting

Spandana Sphoorty Financial has announced a board meeting seeking shareholders’ approval via postal ballot for related party transactions with its subsidiary Criss Financial. The proposals include inter-corporate advances up to INR 800 crore, interest income of INR 50 crore, equity infusion of INR 100 crore, corporate guarantees worth INR 100 crore, and other miscellaneous transactions totaling INR 3.22 crore. These measures aim to support Criss’s growth and funding needs while avoiding additional debt at the parent level, facilitating smoother financial and operational collaboration between the entities.