tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Spandana Sphoorty Announces Rights Issue Details

Story Highlights
Spandana Sphoorty Announces Rights Issue Details

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Spandana Sphoorty Financial Ltd. ( (IN:SPANDANA) ) just unveiled an update.

Spandana Sphoorty Financial Limited has announced the publication of a post-issue advertisement in various newspapers regarding its rights issue of partly paid-up equity shares. This move is in compliance with the SEBI ICDR Regulations, and the company has detailed the subscription, allotment basis, and credit date of these shares. The indicative date for listing these shares is set for around August 18, 2025, which could potentially enhance the company’s market presence and provide stakeholders with new investment opportunities.

More about Spandana Sphoorty Financial Ltd.

Spandana Sphoorty Financial Limited operates in the financial services industry, primarily focusing on providing microfinance solutions. The company is based in Hyderabad, India, and is known for offering financial products aimed at empowering women and underserved communities.

Average Trading Volume: 32,335

Technical Sentiment Signal: Sell

Current Market Cap: 21.75B INR

Find detailed analytics on SPANDANA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1