Spandana Sphoorty Financial Limited — Board Meeting, 15-07-2025: Outcome of Board Meeting

Spandana Sphoorty's board has announced a major capital raise, approving a rights issue to generate up to ₹400 crore. This strategic move aims to boost the company's financial strength and support future growth. For retail investors, this means an opportunity to participate and increase their stake. Further details like pricing and timelines for this rights issue will be disclosed soon. In other updates, the board also appointed M/s. Alwyn Jay & Co. as Secretarial Auditors for FY25-26 and FY26-27, pending shareholder nod.