Spandana Sphoorty to raise ₹500 cr via secured NCDs; ₹200-cr green shoe option

The Management Committee of the board cleared the proposal on April 20, 2026, for issuing up to 5,00,000 listed, rated, senior, secured, redeemable, taxable NCDs with a face value of ₹10,000 each. The debentures will be listed on BSE Ltd. Shares of Spandana Sphoorty Financial Ltd ended at ₹221.50, down by ₹4.40, or 1.95%, on the BSE today, April 20.

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