Spandana Sphoorty Financial Limited Approves First and Final Call on Partly Paid-Up Equity Shares; Sets Record Date
Spandana Sphoorty Financial Limited has approved the implementation of a first and final call on its partly paid-up equity shares. The company announced that the Board of Directors, during a meeting held on August 5, 2026, finalized the details of the payment due from shareholders.The Board determined the amount of the call to be ₹ 115.00 per share. This total payment comprises ₹ 5.00 towards the face value and ₹ 110.00 designated for premium on the shares. These calls pertain to outstanding partly paid-up equity shares with a face value of ₹ 10 each, which were issued by the company on a rights basis following its Letter of Offer dated July 18, 2025.
A key outcome of the Board meeting was the fixation of the record date for determining the holders of these partly paid-up equity shares. The record date has been set as Wednesday, August 19, 2026. This notice will be sent to all eligible shareholders holding ISIN IN9572J01019.
The structure and details of the financial requirement for the shares are summarized below:
| Component | Value |
|---|---|
| First and Final Call Amount (per share) | ₹ 115.00 |
| Face Value component | ₹ 5.00 |
| Premium component | ₹ 110.00 |
| Share Face Value | ₹ 10.00 |
The Board meeting commenced at 04:00 p.m. and concluded at 04:15 p.m.
SPANDANA Stock Price Movement
Today, Spandana Sphoorty Financial Limited saw its shares edged higher to close at ₹260.5, logging a 0.57% gain during the trading session. The stock recorded a total traded volume of 148,193 shares in the post-market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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