Spandana Sphoorty sells Rs 493.55 crore stressed loans to ARC for Rs 34.55 crore

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹275.50

prior close

₹270.40

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-0.8% vs market

Finance peers, median of 391sector · industry level-0.8%-0.8% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.8 pts less than its Finance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Finance peers, median of 391Pending

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AI summary

Spandana Sphoorty Financial's board committee approved transferring stressed and written-off loans worth Rs 493.55 crore (outstanding as on October 31, 2025) to an asset reconstruction company via the Swiss Challenge Method for Rs 34.55 crore. The recovery is about 7 percent of the outstanding amount. Selling bad loans frees up provisions and cleans the balance sheet, but the company is taking a steep haircut on the book value.

Likely market impact

Cleans up bad loans and frees provisions, but signals weak recovery on stressed assets. Watch for impact on earnings from the steep haircut.