Spandana Sphoorty Financial Limited announced the outcome of its Management Committee Meeting held on December 17, 2025. The committee approved the allotment of 8,500 Listed, Rated, Senior, Secured, Redeemable, Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating ₹85 crore on a private placement basis. Additionally, the company approved the issuance of Rated, Listed, Senior, Secured, Redeemable, Taxable, Non-Convertible Debentures in multiple tranches. Tranche-I includes up to 15,000 NCDs (including a green shoe option of 6,000), Tranche-II includes up to 7,500 NCDs (including a green shoe option of 2,500), and Tranche-III includes up to 20,000 NCDs (including a green shoe option of 7,500). The total size for these tranches are ₹150 crore, ₹75 crore, and ₹200 crore respectively, bringing the total potential issuance to ₹425 crore. The NCDs will be listed on BSE Limited. The meeting commenced at 11:00 a.m. and concluded at 11:45 a.m.