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Spandana Sphoorty Financial Ltd - Announcement under Regulation 30 (LODR)-Allotment
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19 Nov 2020
In furtherance to our letter SSFL/Stock Exchange/2020-21/88 dated November 11, 2020, we wish to inform you that pursuant to Regulation 30 of the Listing Regulations, the Management Committee of the Board of Directors of the Company at its meeting held today i.e., November 19, 2020 has approved and allotted 1400 (One Thousand Four Hundred) Secured Listed Rated Senior Redeemable Non-Convertible Debentures of face value of Rs.10,00,000/- (Rupees Ten Lakh only) each, at par, on a private placement basis to Bank of Baroda (the &apos;Allottee&apos;), in demat form, in consideration of an aggregate amount of Rs.140,00,00,000/- (Rupees One Hundred &amp; Forty Crore only) issued under the Supplemental Information Memorandum and Form PAS-4 dated November 13, 2020.
View all announcements for Spandana Sphoorty Financial Ltd Source: BSE India