SPANDANANSESpandana Sphoorty Financial LimitedMinimalNeutral
Announced Tue, 29 Jul · 14:18 IST

SPANDANA: Newspaper publication of advertisement as per Regulation 84 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements), 2018 ( SEBI ICDR Regulations ) Rights issue of partly paid-up equity shares of the Spandana Sphoorty Financial Limited (the Company ) ( Rights Issue ).

SPANDANA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Spandana Sphoorty Financial Limited has published a newspaper advertisement (in Financial Express, Jansatta, and Mana Telangana) as required under SEBI ICDR Regulation 84 for its rights issue. The company is offering up to 1,73,91,304 partly paid-up equity shares of face value ₹10 each at a price of ₹230 per share (including a premium of ₹220). The record date was July 24, 2025. The rights issue opens on Friday, August 1, 2025, with the last date for on-market renunciation on August 6, 2025, and closes on Monday, August 11, 2025. Kanchenjunga Limited is the promoter of the company. KFin Technologies Limited is the registrar to the issue, and NSE is the designated stock exchange.

Likely market impact

This is a regulatory compliance filing (newspaper ad) for an already-announced rights issue, not a new event. Eligible shareholders who held shares on the record date (July 24, 2025) can subscribe to their rights entitlement. Shareholders should evaluate whether to subscribe, renounce, or let the rights lapse by the closing date of August 11, 2025.