Spandana Sphoorty Financial Limited Mourns Demise of Chairperson and Independent Director Ms. Abanti Mitra
Spandana Sphoorty Financial Limited announced the passing of Ms. Abanti Mitra, a serving Chairperson and Independent Director of the company, on July 13, 2026. The demise marks an irreparable loss to the organization, which acknowledged her significant contributions during her association with the company.Ms. Mitra had been affiliated with Spandana Sphoorty Financial Limited since 2012. Her tenure included serving as a Director from November 20, 2012, until November 01, 2016. She subsequently began working as an Independent Director on May 4, 2017, and assumed the role of Chairperson of the Board of Directors starting November 22, 2021.
The company stated that Ms. Mitra played a critical role during challenging periods, providing strategic insights and industry best practices to manage the affairs of Spandana Sphoorty Financial Limited throughout her time with the organization.
Key details regarding Ms. Abanti Mitra’s professional tenure with the company are summarized below:
| Role | Tenure Period | Cession Date |
|---|---|---|
| Director | November 20, 2012 to November 01, 2016 | N/A |
| Independent Director | May 4, 2017 onwards | July 13, 2026 |
| Chairperson of the Board | November 22, 2021 onwards | July 13, 2026 |
The Board of Directors and employees conveyed their deep sympathy and condolences to her family following the sudden passing.
SPANDANA Stock Price Movement
Shares of Spandana Sphoorty Financial Limited are edging higher to ₹306.50 as of 10:25 AM today, after gaining 0.39% off its previous close. The equity sees active intraday trading, with a volume recorded at 106,133 shares in the live market.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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