New Delhi, July 18 -- Spandana Sphoorty Financial on Friday, July 18, said its board has approved the offer and issuance of partly paid-up equity shares of the company for an amount not exceeding Rs.400 crore, by way of a rights issue.

Rights Issue Dates: The Spandana Sphoorty rights issue will open on Friday, August 1, 2025, and close on Monday, August 11, 2025. The last date for on-market renunciation of rights entitlements is Wednesday, August 6, 2025.

The last date for off-market renunciation is also August 11, 2025, ensuring that eligible shareholders have sufficient time to act on their entitlements.

Total Rights Issue Shares: The rights issue will comprise 17,391,304 partly paid-up equity shares with a face value of Rs.10 each. ...