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Spandana Sphoorty Financial Ltd. ( (IN:SPANDANA) ) just unveiled an announcement.
Spandana Sphoorty Financial Limited announced the approval of a resolution to raise funds through qualified institutional placement or other permissible means. This decision, approved by the requisite majority of shareholders via a postal ballot, is expected to enhance the company’s financial capabilities and strengthen its market position.
More about Spandana Sphoorty Financial Ltd.
Spandana Sphoorty Financial Limited operates in the financial services industry, focusing on providing microfinance solutions. The company primarily offers financial products and services aimed at empowering underserved communities, with a significant market presence in India.
YTD Price Performance: -23.57%
Average Trading Volume: 101,109
Current Market Cap: 17.99B INR
Learn more about SPANDANA stock on TipRanks’ Stock Analysis page.