ALPHA TRIBE

Spandana Sphoorty Financial LimitedImportant, 15-07-2025: General Updates

15-07-2025 | 04:26 pm

Spandana Sphoorty's board has approved a rights issue to raise up to ₹400 Cr, aiming to bolster its capital base. Specific terms, including issue price and rights ratio, will be determined and announced later. Additionally, the company has appointed M/s. Alwyn Jay & Co. as Secretarial Auditors for FY2025-26 and FY2026-27, subject to shareholder approval. This move reflects proactive capital management and ongoing governance practices.

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