Spandana Sphoorty Greenlights Rs 400 Crore Rights Issue to Rebuild Investor Confidence

Unknown Apr 02, 2026 1,300 Views

Spandana Sphoorty Financial Ltd has approved a Rs 4 billion rights issue as part of its broader capitalraising strategy aimed at stabilizing operations and restoring investor sentiment. The move comes amid mounting pressure from rising nonperforming assets and a steep decline in market capitaliza...