Spandana Sphoorty Financial Limited has informed the Exchange that the Management Committee of the Board of Directors of the Company at its meeting held on Wednesday, December 24, 2025, has approved the transfer of stressed loan portfolio including written off loans to Asset Reconstruction Company ( ARC ).
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Spandana Sphoorty Financial, a microfinance NBFC, has received approval from its Management Committee to transfer its stressed loan portfolio, including written-off loans, to an Asset Reconstruction Company (ARC). The decision was taken at a meeting held on Wednesday, December 24, 2025. Transferring stressed assets to an ARC allows the company to clean up its balance sheet and recover some value from bad loans. No specific value of loans being transferred or details of the ARC have been disclosed in this filing.
This move signals active management of asset quality and may help the company reduce its non-performing assets, though it could also indicate rising stress in its loan book. Shareholders should watch for further disclosures on the size of the portfolio and the recovery value realized from the ARC.