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Rights Issue Announcement for Spandana Sphoorty Financial Ltd - Jul 24, 2025
Rights Issue Announcement for Spandana Sphoorty Financial Ltd - Jul 24, 2025
Spandana Sphoorty Financial Ltd has announced a rights issue, offering existing shareholders the opportunity to purchase additional shares at a favorable rate. The rights issue comes with a ratio of 10:41,meaning shareholders are entitled to buy 10 new shares for every 41 shares they currently hold.
This issue is priced at a premium of 41 per share. Important dates for this rights issue include the record date of Jul 24, 2025, which is the cutoff date to determine shareholder eligibility for the rights offer. The ex-date, when the stock will begin trading without the rights entitlement, is Jul 24, 2025.

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