SPANDANA
Spandana Sphoorty Financial Limited
NSELast Traded Price
₹303.8
-1.5 (-0.49%)
Open
₹305.85
High
₹307.65
Low
₹301.5
Prev Close
₹305.3
Industry
Microfinance Institutions
Market Cap
2166.25 Cr
Filing History
Recent corporate announcements and filings for SPANDANA
Routine
Neutral
2026-07-14 10:21
New Filing detected. See link for details.
Business Update
Neutral
2026-07-03 17:06
- Care Ratings Limited reaffirmed the credit ratings for Spandana Sphoorty Financial Limited.
- Long-term bank facilities and non-convertible debentures are reaffirmed at CARE BBB+; Stable.
- Commercial paper is reaffirmed at CARE A2.
- The outlook on the long-term rating remains Stable.
Routine
Neutral
2026-06-26 15:45
- Trading window for dealing in company securities will close from July 1, 2026, for designated persons.
- It will remain closed until 48 hours after the announcement of unaudited financial results for the quarter ended June 30, 2026.
- The date of the Board meeting for results approval will be informed later.
Business Update
Neutral
2026-06-18 17:49
- Investors' Conference Schedule
- Conference Date: Wednesday, June 24, 2026
- Conference Time: 09:00 am onwards
- Organized by: JM Financial India Finance Forum
Business Update
Negative
2026-06-16 14:21
CRITICAL RED FLAG DETECTED
- Crisil Ratings reaffirmed the long-term rating for bank loan facilities at 'Crisil BBB+/Stable'.
- The limit for total bank loan facilities was reduced from ₹1,700 Crore to ₹1,000 Crore.
- Company reported a loss of ₹699 Cr in fiscal 2026 and Assets Under Management (AUM) declined by 35% YoY to ₹4,420 crore.
- Asset quality improved with Gross Non-Performing Assets (GNPA) at 3.8% and Net Non-Performing Assets (NNPA) at 0.7% as of March 31, 2026.
Business Update
Positive
2026-06-11 18:42
- ICRA Limited has reaffirmed the long-term credit rating for Spandana Sphoorty Financial Limited's existing instruments, including Term Loan (₹1,000 Cr) and Non-Convertible Debentures (₹523 Cr) at [ICRA]BBB+.
- The outlook has been revised to Stable from Negative.
- This revision is attributed to easing asset quality pressure and improved profitability in H2 FY2026.
Business Update
Positive
2026-06-11 11:57
- Spandana's Board approved the amalgamation of its 99.92% subsidiary, Criss Financial Limited (CFL), with the company on June 11, 2026.
- CFL reported FY26 revenue of ₹150.86 Cr and net worth of ₹233.11 Cr.
- The merger aims for cost/revenue synergies, market expansion, and long-term value creation.
- The share exchange ratio is 73 SSFL shares for every 100 CFL shares.
Routine
Neutral
2026-06-09 19:25
New Filing detected. See link for details.